by Attiyya | Aug 8, 2017 | Financial Counseling, Taxes
Omitting depreciation expense is one of the most common tax mistakes made by landlords. By including depreciation expense on Schedule E, your total rental expenses increase and you are more likely to have a total rental real estate loss. This will also lower your...
by Attiyya | Apr 3, 2017 | Taxes
The tax deadline for taxpayers in the US is Tuesday, 18 April. If I haven’t received all your tax documents by Friday, 14 April, an extension can be filed (for a small fee). To access the forms you need to get started, click here. For information on using...
by Attiyya | Feb 21, 2017 | Taxes
Question: Are haircuts tax-deductible for people in the military? Answer: Unfortunately, no. Click here for a complete list of tax deductible work expenses.
by Attiyya | Feb 3, 2017 | Taxes
If your teenager received a W-2, reporting income they earned in 2016, check to see if federal taxes were withheld. Nine times out of ten, they’ll get the full amount refunded to them when they file a tax return. If you’re already an Ingram Financial...
