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Guest Bloggers Are Welcome

Selective depreciation can boost bottom line

By: Tom Stevens Real Estate Views: 2106 | Comments: 2 | Votes: 1

Not all assets are created equal in the eyes of the Internal Revenue Service. Some assets purchased during construction of a new building (like light fixtures and lab equipment) have a shorter life span than the building itself -- carrying the potential for a greater tax deduction. And a new law passed by Congress allows additional savings until 2006. After Sept. 22, 2004. 1, 2006. More

Telephone Tax Refund

By: Peter Suhai Tax Planning Views: 2088 | Comments: 0 | Votes: 0

It is available to anyone who paid such taxes on landline, wireless, or Voice over Internet Protocol (VoIP) service.Why is the government refunding these taxes?Several recent federal court decisions have held that the tax does not apply to long-distance service as it is billed today. 28, 2003 and before Aug. 1, 2006. 28, 2003 and before Aug. It is also the easiest way to get a refund. More

Selling Your Home

By: Cheryl Coleman Real Estate Views: 2052 | Comments: 0 | Votes: 0

Maximizing Emotional Appeal When you are ready to sell, you'll want to maximize the emotional appeal of your home. Don't leave dishes in the sink.* Remove all clutter, make the beds, and pick up toys. Please call or email me if you have any questions or would like me to provide you with tips on how to prepare your home for sale. More

10 Often Overlooked Deductions

By: Frugal World Real Estate Views: 2045 | Comments: 0 | Votes: 0

1. Home acquisition mortgage loan fees: If you bought your primary or secondary home in 2003, you probably obtained a mortgage to finance the purchase. That mortgage is called an “acquisition mortgage” because it enabled a purchase of the residence. Each point paid equals 1 percent of the amount borrowed.2. 8. 10. Deduct prepaid property taxes and mortgage interest. More

Maximize Corporate Tax Deductions with Charitable Donations

By: 1888pressrelease.com Tax Planning Views: 2042 | Comments: 0 | Votes: 0

REDLANDS, Calif. - As corporations prepare for this year’s tax filings, there’s no better time to make strategic plans about how to maximize corporate deducations for 2020. “We are grateful for the continued support of corporations that donate to Disabled Veterans Charities year after year and hope more corporations throughout the U.S. More

FICO - How your score affects you

By: WiseSaver Home Loans Views: 2033 | Comments: 0 | Votes: 1

Throughout the years, mortgage rates have varied by loan-to-value and by term only. Items such as mortgages and variation in credit risks were not taken into consideration. A variation in interest rates was typically due to an additional charge for mortgage insurance (PMI) for home loans with loan-to-values greater than 80 percent, or higher rates due to the length of amortization. More

10 Ways to Save $50 a Month

By: Art Of Saving Personal Finance Views: 2007 | Comments: 0 | Votes: 0

10 Ways to Save $50 a Month1. Save up to 50% per month on convenience cleaner cloths by cutting them into half, i.e. dryer softener cloths, face cleanser cloths, etc. Savings: $5 per month 2. Find more thoughtful gifts and buy when the item is on sale, shop for birthdays and holidays throughout the year not at the time of the events. Savings: $10 per month 3. Savings: $25+ per month 7. More

GETTING ORGANIZED FOR TAX TIME

By: Julian Block Tax Planning Views: 2007 | Comments: 0 | Votes: 0

Many refund delays, time-consuming correspondence and audits are triggered by taxpayer carelessness. Here are some IRS reminders about items to check in advance of filing your return, along with some steps to take afterward. START WITH THE BASICSCheck the package of forms and schedules that came from the IRS. First read the instructions to make sure you have all the ones you need. More

Mortgages - Pay What You Can Afford

By: Art Of Saving Home Loans Views: 1992 | Comments: 0 | Votes: 0

A lot of people find the idea of dealing with all of the problems attached to buying a home very daunting. This is important but there are also many other things that you need to take into account. This is probably not the best way to go about it. A far better approach would be to sit down with a calculator and figure out exactly what you can afford to spend. More

Alternative Fuel Vehicle Credit

By: Yolanda Trimble Tax Planning Views: 1991 | Comments: 3 | Votes: 0

The Energy Policy Act of 2005 replaced the clean-fuel burning deduction with a tax credit. A tax credit is subtracted directly from the total amount of federal tax owed, thus reducing or even eliminating the taxpayer’s tax obligation. The tax credit for hybrid vehicles applies to vehicles purchased or placed in service on or after January 1, 2006. More