You must consider the vacation home rules when you · rent a bedroom in your home and also use it… Read more Personal Use of Your Rental Triggers Ugly Vacation-Home Rules
If you want to attend a convention, seminar, or similar meeting onboard a cruise ship and deduct all your costs,… Read more How to Deduct that Cruise!
When you rent a bedroom or two or 20, you first examine Section 280A of the tax code to determine… Read more Bedroom Rentals 2019
Here’s a tax rule to know: if you have your principal office in your home, your trips from home to… Read more First and Last Stop Rule for Mileage
Do you claim your business miles at the IRS optional rate? If so, imagine you are now being audited by… Read more Yes, The IRS Can Demand Your Odometer Readings!
If you own a condominium, cottage, cabin, lake or beach home, ski lodge, or similar property that you rent for… Read more Tax Rules for Short Term Rentals
We know that you don’t like it. But you have to accept it. You are in a business and personal… Read more Keep Records or Pay The Price!