Tax Pro Plus
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Los Angeles, CA 90064
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- Tax Treatment of Reverse Mortgages
- With inflation on the rise and medical care costs escalating, what options do seniors have for keeping up, especially if they have a mortgage on their home and their retirement income is only barely covering their mortgage payments and other necessities, with little left over for some enjoyment in their golden years, without relying on help from family?
- Live Updates: The Latest News for Taxpayers and Small Business Owners
- Check in for live updates with all the latest relevant news stories for individual taxpayers and SMB owners.
- Video Tips: 2022 Standard Mileage Rates Have Been Announced
- The IRS has announced the new standard mileage rates to be used for automobile tax deductions in year 2022.
- How Can a Nonworking Spouse Qualify to Fund an IRA?
- One of the fallouts of the COVID-19 pandemic is that millions of people have dropped out of the workforce, particularly female workers with families. While they remain unemployed, these women will have lost the opportunity to build up their retirement nest egg through their employers’ retirement plans. However, those who are married have an option to accumulate retirement funds that will help make up for some of their lost retirement savings.
- 2022 Standard Mileage Rates Announced
- As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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