Tax Tips

Plan Ahead for Vacation Home Rentals
 

Plan Ahead for Vacation Home Rentals

Posted: May 23, 2018
During the summer, taxpayers often rent out their property. They usually think about things such as cleanup and maintenance, but owners also need to be aware of the tax implications of residential and vacation home rentals.



IRS Offers Tips about Receiving Tips
 

IRS Offers Tips about Receiving Tips

Posted: April 24, 2018
Generally, income received in the form of tips is taxable. Here’s some information from the IRS on how to help taxpayers correctly report the income they receive as a tip.

IRS Warns of New Twist on Phone Scam
 

IRS Warns of New Twist on Phone Scam

Posted: April 24, 2018
The IRS today warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers to trick taxpayers into paying non-existent tax bills.

Tax Reform: Five Things to Know
 

Tax Reform: Five Things to Know

Posted: April 4, 2018
How does the new tax law affect you? When Congress passed the Tax Cuts and Jobs Act in December, it included significant changes to existing tax law. Now that you’re finishing up your 2017 tax return, it’s a good time to consider what the new legislation will mean to you.