Tax Laws
Guide
The Punishing Costs Of Paying Your Taxes Late
Examples of really bad ideas: Forgetting your spouse’s birthday, do-it-yourself brain surgery, forgetting your anniversary, and neglecting t...
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Guide
Tax Crime And Punishment (Infographic)
You've heard of CSI, but what about IRS CI? That's not a new TV crime show, but the real-life Internal Revenue Service Criminal Investigatio...
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Q&A
Asked by an anonymous user
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
As long as the HELOC is in the first mortgage
position you should be able to write off the
interest, but double check with a CPA or
accountant for your specific situat...
Guide
New 2018 Tax Laws
For the latest tax laws affecting you, including changes based on the Tax Cuts and Jobs Act, please visit New 2019 Tax Laws.
Did you h...
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Q&A
Asked by listlej
Answered by Jeffrey Schneider
Tax Professional
Tax Professional
The down payment is not a deduction, same for
any business asset. However, the cost of the
asset multiplied by the business usage.
However, if you do not use the car ...
Q&A
Asked by cavener
Answered by Jeffrey Schneider
Tax Professional
Tax Professional
Your age is not relevant. you may deduct
gambling losses only if you itemize your
deductions on Form 1040, Schedule A and kept a
record of your winnings and losses. Th...
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