Mid-Year Tax Changes

Mid-Year Tax Changes

Mid-Year Tax Changes Include Mileage Rate, Sales Tax The start of July has brought with it some mid-year tax changes. And as you might expect, there’s good news and bad news. Mid-Year Tax Changes: The Good News The IRS has announced that they have raised the standard...
Gift Tax

Gift Tax

Federal Gift Tax: Who Pays It and When Gift tax is the source of a lot of misunderstandings. Not the least of which is who pays the tax on a gift. Who Pays the Tax? Contrary to widely held opinion, it is the giver, not the recipient, who pays federal tax on a gift....
Vacation Home Tax Breaks

Vacation Home Tax Breaks

Vacation Home Tax Breaks Are Available, Even for RVs Vacation home tax breaks can be yours – if you itemize on your federal tax return. There are also certain limits you have to meet, but if you do, you can write off some of your costs! If you use a second home for...
Those Rats at the IRS!

Those Rats at the IRS!

Rats at the IRS Are Causing Serious Problems There are rats at the IRS! It may have been said before, but this time it’s verifiably true. There really are rats at the IRS. At least, at the IRS office in the greater Atlanta area. Rats at the IRS Office At least one...