Information updated 12-26-2017. Are you ready to read some exciting information about the new Tax Cuts and Jobs Act? Well, here it is… all the fun tax stuff I know you can’t wait to read […] Read more »
IRS PHONE SCAM
Have You Gotten the Call Yet? The IRS Phone Scam is back, full force and effect. I’ve already received 3 calls from these people since April 15th. One message sounded like SIRI was calling and threatening me […] Read more »
Federal Tax Credit for Solar Energy
For those of you considering installing solar panels on your home in the near future, here is some useful information. As always, if you have any questions about this tax credit – or any tax […] Read more »
7 Tax Breaks Expiring at the end of 2013
The following 7 tax deductions/credits are currently set to expire at the end of this year. This means that unless Congress extends these deductions, our 2013 tax returns (which we file early next year), will […] Read more »
Tax Season Delayed Due to Shutdown
I’m beginning to think that tax season is never going to start “on time.” It seems every year, the IRS has a reason why they are not able to accept returns by a pre-set date. Granted, […] Read more »
California Foreclosure & Short Sale Warning!
At the beginning of the year, I wrote about how The Mortgage Forgiveness Debt Relief Act had been extended to the end of 2013. In short, the Act states that homeowners who sell their primary residence in a […] Read more »
8 Facts to Know if You Receive an IRS Letter
Let me start this article by saying that if you receive a letter form the IRS, please don’t hestitate to contact me – that’s what I’m here for. —– Getting a letter from the IRS or […] Read more »
The IRS does NOT Know Your Email Address or Cell Phone Number!
Written on July 02, 2013. Every once in a while, I get a question from a client asking if an email they received from the IRS is real. My answer is always the same, “no.” The following […] Read more »
Mortgage Insurance Tax Deduction Extended to 2013
Written on January 10, 2013. To help boost the distressed housing market, Congress created a tax deduction for private mortgage insurance back in 2007. The tax break has since been extended through 2013, for mortgages […] Read more »
The Mortgage Forgiveness Debt Relief Act Extended
On January 3rd, 2013 President Obama signed the American Taxpayer Relief Act of 2012. One of the many items within the bill is the “Extension of Exclusion from Gross Income of Discharge of Qualified Principal Residence […] Read more »