So, here’s the scoop… The Internal Revenue Service has issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an…

And so it begins.  A few weeks ago big brother (AKA the IRS) sent out letters to tax pros reminding them of the penalties for…

So, the IRS has announced new mileage rates for the remainder of 2011 for taxpayers using the optional standard rates to calculate the costs of…

As you grow your real estate business – and, let’s not kid ourselves, it is a business and should be treated as such – you…

This is the time of year that we real estate investors and other small biz owners are scrambling to make our last minute tax moves….

UPDATE: Taxes are in a constant state of flux, and this is no exception.  This requirement was repealed by by the signing of HR 4…

Get this – I was reading a very popular tax blog this week (which shall remain nameless to protect the moronic) when I found a…

President Barack Obama was quoted as saying, “Ultimately it’s important for the administration to send a message that there aren’t two sets of rules. You…

UPDATE: Taxes are in a constant state of flux, and this is no exception. This provisions of this bill were repealed by by the signing…

Here’s the scoop:  You are probably paying too much in taxes on your rental income. There!  I said it. No savvy landlord would ever pay…