“How to Switch from the Mileage-Rateto the Actual-Expense Method” To get my complete articlewith all the details... If you’re using the IRS mileage-rate method to deduct your business vehicle usage, consider changing lanes. You see, switching to the actual-expense method may save you a lot of money. I wouldn’t steer you wrong, so consider this... It’s very … [Read more...]
Inflation Alert: Consider Investing in TIPS
Inflation Alert! “Consider Investing in TIPS” To get my complete articlewith all the details... Looking for a way to protect yourself from inflation? Take a close look at TIPS. The stock market is volatile. The bond market is volatile. So where can you safely invest your money, profit from inflation, and not risk losing a penny? The answer is … [Read more...]
Claiming the $250,000 Exclusion When Your Name Isn’t on the Deed
When it comes to claiming the $250,000 home- sale deduction, things get tricky fast. That’s why you need to read my new article. “Claiming the $250,000 ExclusionWhen Your Name Isn’t on the Deed” To get my complete articlewith all the details... A quick review of the home-sale exclusion. For a short explanation, let’s get it from the horse’s mouth. Here’s what … [Read more...]
Does Grouping Rental Properties, Release Suspended Losses?
Thinking of grouping rental properties? Read my new article before you make a move. “Does Grouping Rental Properties,Release Suspended Losses?” To get my complete articlewith all the details... One of the things I always enjoy, is hearing from my readers of the Tax Reduction Letter. I recently received a note from a CPA about a top real estate broker, asking me … [Read more...]
Defeat the $10,000 SALT Cap with the PTE Tax (Part 1)
Want to beat the $10,000 federal cap on deducting state and local taxes? My new article will show you how. Don’t miss it! “Defeat the $10,000 SALT Capwith the PTE Tax” (Part 1) To get my complete articlewith all the details... Here’s the story… For the years 2018 through 2025, Uncle Sam placed a $10,000 cap on deducting state and local taxes. Ouch! But … [Read more...]