Latest Tax Credit Articles
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Gain on rental real estate
Owners of condemned rental real estate can defer capital gains if they purchase another rental.
3 min read Oct 16, 2008
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10 ways Uncle Sam helps you save money
Saving for the future is of paramount importance to all Americans. Luckily, we all have a rich uncle to turn to for some help. His name is Uncle Sam.
8 min read Oct 14, 2008
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Proof for claiming dependents
The IRS rules for claiming a dependent seem simple, but proving it can be complex.
2 min read Oct 07, 2008
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When to claim credit for the kids
The child care credit is not meant to subsidize education, but to allow parents to work.
2 min read Sep 23, 2008
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Taxes on per diem
When figuring whether or not per diem is taxed, take into account your ‘tax home,’ says CPA George Saenz.
2 min read Sep 16, 2008
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Same-sex couples denied property perks
The federal government’s stance on same-sex marriages leaves couples without preferential property tax treatment.
4 min read Sep 04, 2008
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Can big casino comps be offset with gambling losses?
Figuring whether to include casino comps as taxable income is like playing roulette.
2 min read Aug 07, 2008
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Will HELOC offset investment interest expense?
The deduction for investment interest is limited, but disallowed investment interest can be carried forward on future tax returns.
3 min read Aug 04, 2008
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What the new housing law means for you
The housing rescue bill offers relief to homeowners and new buyers. Naturally, strings are attached.
7 min read Jul 25, 2008
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Income limits for IRAs
Income limits rule for spouses who want to contribute to a deductible IRA, says CPA George Saenz.
2 min read Jul 23, 2008