Tax Benefits of Converting Your Personal Residence to a Rental Property
The simple maneuver of converting your personal residence to a rental property brings with it many tax rules, mostly good when you know how
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Larry McClanahan
- May 3
Q&A: How do I Pay Myself from my Single-Member LLC?
Q&A: How do I Pay Myself from my Single-Member LLC? As long as you haven't elected corporate tax treatment....
Larry McClanahan
- May 3
1913 Form 1040 and the Birth of a Permanent US Income Tax
Oh, for the old days when US income taxes were much lower and filing your return was much simpler, right? Check out this 1913 Form 1040.
Larry McClanahan
- May 3
Self-Employed Senior? Collect Your Rightful Tax Breaks
If you are self-employed, you have much to think about as you enter your senior years, and that includes retirement savings and Medicare.
Larry McClanahan
- May 3
Have You Traded Cryptocurrency? Here are the New IRS Rules
The IRS recently issued new cryptocurrency guidance and is hot on your trail if you bought and sold cryptocurrency but didn't report it.
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