Home Mortgage Interest Deduction

IRS NEWS Responding to many questions received from taxpayers and tax professionals, the IRS said that despite newly-enacted restrictions on home mortgages, taxpayers can often still deduct interest on a home equity loan, home equity line of credit (HELOC) or second...

Filing Late

Filing late can be a frustrating process. You may be unsure of any penalties and interest that may be applied from filing late. These penalties and interest may be abated if you take the proper steps with the tax authorities. IRS Rules The IRS may provide...

Your Estate Plan – Business Disposition

Retirement is an event that often triggers one’s desire to review his estate plan. Even if you’re are not ready for a full-scale review, retirement may directly affect certain elements of your estate plan and require that those be looked at in light of the changed...