business accounting income tax Real Estate tax preparation 
xendoo
JULY 6, 2023
On the other hand, complex tax returns are also harder to audit and require people to manually review them. Earned Income Tax Credit Low-income earners (making less than $25,000 per year) that also claim the Earned Income Tax Credit (EITC) are five times more likely to be audited than everyone else.
xendoo
JULY 6, 2023
On the other hand, complex tax returns are also harder to audit and require people to manually review them. Earned Income Tax Credit Low-income earners (making less than $25,000 per year) that also claim the Earned Income Tax Credit (EITC) are five times more likely to be audited than everyone else.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
xendoo
NOVEMBER 23, 2020
Are you claiming all the income tax deductions you’re entitled to? businesses that are structured as sole proprietorships, partnerships, or limited liability companies (LLCs). Deduct insurance premiums on the company’s real estate holdings and equipment. Real Estate Taxes.
LyfeAccounting
JUNE 7, 2021
Did you know that some countries have zero income taxes? If you use places like Dubai, Monaco, or the Bahamas as your primary residence then you don’t have to pay any taxes. Well, there are other states that give you great tax benefits as well. For example, you make $100 passive income, but you have $150 in depreciation.
LyfeAccounting
MARCH 10, 2021
Common IRS Tax Penalties and How You Get Penalized. Failing to file a tax return on time. Well, the deadline for filing your federal income tax return and paying any tax you OWE is April 15th (or usually the next business day if April 15th falls on a weekend). Let’s look at 3 common scenarios.
LyfeAccounting
DECEMBER 30, 2020
In fact, the president’s tax returns show he paid just $750 in federal income taxes in 2016 and 2017. So I decided to take a deeper look into it and share how you could also pay very little in taxes with real estate. But it’s important that you first understand how taxes work. INCOME TAXED.
LyfeAccounting
MAY 13, 2021
If you’re thinking about selling real estate, one thing that you need to keep in mind is the amount of taxes you’re going to pay on that sale. Uncle Sam’s piece of the pie is called the capital gains tax. Uncle Sam’s piece of the pie is called the capital gains tax. Both of these taxes are taxed differently.
Expert insights. Personalized for you.
52 
Let's personalize your content