Real Estate Tax Free Sale

By | July 2nd, 2015|Acquisitions, Financial, Taxes|

Sale of Your Home If you have a capital gain from the sale of your main home, you may qualify [...]

Business Structures

By | July 2nd, 2015|Acquisitions, Financial, Governments|

Separate Taxable Entities Only one major business structure is a separate taxable entity. The C corporation is considered a legal [...]

Gift Tax. How much do you owe?

By | July 2nd, 2015|Acquisitions, Financial, Governments, Taxes|

Who pays the gift tax? The donor is generally responsible for paying the gift tax. Under special arrangements the donee [...]

HOME OFFICE DEDUCTION

By | July 2nd, 2015|Acquisitions, Financial, International|

If you use part of your home for business, you may be able to deduct expenses for the business use [...]

Gambling Losses and Write-Offs

By | July 2nd, 2015|Acquisitions, Financial, International, Taxes|

Gambling Income and Losses The following rules apply to casual gamblers. Gambling winnings are fully taxable and you must report [...]