Talk about a win-win for property owners and tenants who want to become owners! The tax code’s rent-to-own program creates a no-hassle rental for the homeowner and a chance for the tenant to gain an ownership interest in the property. Don’t miss this important information! You’ll get all the details when you read my new article titled Tax Tips: Tax Code’s Officially … [Read more...]
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Two big tax breaks for retailers!
Good news! Last December, lawmakers voted to give retailers some much-deserved tax relief. The law they passed allows you to immediately (and/or very quickly) deduct up to the entire cost of certain improvements you make to your property. This can amount to hundreds of thousands of dollars as you’ll learn when you read my new article titled Tax Tips: Two Special Tax … [Read more...]
New commercial-office tax breaks!
Thinking about making improvements to your commercial-office space? Act now! Why? Because the recently passed Protecting Americans from Tax Hikes (PATH) Act can put thousands of dollars in your pocket if you make improvements to your non-residential property promptly. More good news… It’s very easy to qualify for this new and hefty tax money-saver as we’ll explain when … [Read more...]
The smart way to deduct your business vehicle
What’s the best way for you to deduct your business vehicle? Should you use… The IRS mileage rate? or The actual expense method? If you’re using the mileage rate because you think it’s easier, or because you believe you won’t have to keep a mileage log, you could be in for a nasty surprise. To find out which deduction method actually puts more money in your pocket, try … [Read more...]
Good news for commercial property owners!
If you own commercial property, you’ve got to love the “Protecting Americans From Tax Hikes (PATH) Act” that’s now the law. Why? Because, thanks to the PATH Act, qualified leasehold improvements to your commercial property can deliver three huge tax-deduction-acceleration breaks through 2019! Want to find how to put this extremely helpful new law to work for you? Read my … [Read more...]