Tax Pro Plus
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Los Angeles, CA 90064
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- Watch This if You are Considering Year-End Business Purchases
- Watch this if you are considering year-end business purchases.
- Tips to Avoid Tax Penalties for 2017
- With the arrival of the holidays, we are thinking about family get-togethers, holiday gifting and parties. But right behind the good times is tax season. Before you get busy with holiday festivities, take the time to consider a couple of things you can do now to avoid or reduce potential penalties on your 2017 tax return.
- Using Online Agents to Rent Your Home Short Term? You May Be Surprised at the Tax Ramifications
- If you are among the many taxpayers renting your first or second home using rental agents or online rental services that match property owners with prospective renters, such as Airbnb, VRBO and HomeAway, then you should know the IRS has special rules related to short-term rentals.
- Driving For Uber Or Others? Your Tax Situation Is Unique
- With tax time approaching, if you drive for Uber, Lyft or a competitor, here is some tax information related to reporting your income. You are considered self-employed and will report your income and deductible expenses on IRS Schedule C to arrive at your taxable income for income tax and self-employment tax.
- Are you over 59-1/2 and having a low-income year?
- Are you over 59-1/2 and having a low-income year? Take more IRA distributions.
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