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Articles

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  Can passive losses offset a Roth conversion?

  It’s possible you could use passive losses from real estate to offset a Roth conversion.

  3 min read Nov 21, 2013
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  Claiming unallowed losses on property sale

  You can claim unallowed losses when you sell your property. Here’s what you need to know.

  2 min read Nov 05, 2013
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  Depreciation rules of a business property

  You can’t write off the down payment, but you can do something else to lower your tax bill.

  2 min read Oct 03, 2013
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  4 personal stories of the Great Recession

  The U.S. economy has improved, but the ghost of the Great Recession still haunts Americans.

  5 min read Sep 27, 2013
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  Are dental expenses tax-deductible?

  Dental expenses you paid for someone else may be tax-deductible under these circumstances.

  2 min read Sep 24, 2013
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  Are contract labor costs tax-deductible?

  The costs incurred in building a home aren’t deductible, but keep track of them for the future.

  3 min read Sep 17, 2013
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  Claim tax refunds as income on tax return?

  Amended returns yielded $9,000 in tax refunds on which IRS paid interest. What should we do?

  2 min read Sep 05, 2013
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  Donate home to church; get tax deduction

  Lord knows that if you give your house, you’ll receive a greater reward: lower taxes.

  2 min read Mar 24, 2013
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  Are investment fees tax-deductible?

  IRA fees are tax-deductible if you use outside assets to pay them.

  2 min read Feb 12, 2013
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  Who pays grandkids’ taxes on dividends?

  It used to be easy to transfer assets to your grandkids and shift the tax burden to them, too.

  2 min read Feb 07, 2013
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  Reimburse employee for insurance premiums

  You can reimburse your employee for the insurance premiums he pays to his old job.

  2 min read Jan 22, 2013
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  Declaring an investment loss on land

  You’ll have to prove your investment intention to the IRS. Here’s what you need to know.

  2 min read Dec 04, 2012
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  Depreciation rules on sale of tractor

  When you sell your depreciated tractor, you can delay, but not avoid, paying tax on the gain.

  2 min read Oct 23, 2012
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  Rental expenses you can and can’t write off

  A handyman can’t write off his time, but he can write off a lawn mower purchased for the rental.

  2 min read Aug 07, 2012
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  Accounting for unreimbursed expenses

  Unreimbursed expenses incurred by a business partner aren’t reported to the IRS on Schedule K-1.

  2 min read Aug 02, 2012
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  Capital gains tax on inherited property?

  The rules that apply to inherited property in the U.S. also apply to inherited foreign property.

  2 min read May 08, 2012
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  Earnings too high to claim passive losses?

  If you earn too much money, rental loss claims against your income may be in jeopardy.

  2 min read Apr 05, 2012
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  Sale of inherited stock could be tax help

  If you’re left some stock and have to sell it at a loss, you could come out ahead at tax time.

  2 min read Mar 14, 2012
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  Capital gain tax and nonresident investors

  Is it really true nonresidents don’t have to pay taxes on capital gains tax on stocks?

  3 min read Jan 19, 2012
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  Figuring taxes on failed installment sale

  When a buyer stops paying and a renter trashes her condo, what is this widow to do?

  3 min read Jan 17, 2012