News & Perspective

Are Dental Implants Tax Deductible?

As the clock ticks towards tax season, many individuals start to wonder about the various tax deductions and credits available to them.For those considering or already having undergone dental implant procedures, the potential to subtract these cos... Read More

Are Massages Tax-Deductible?

As tax season approaches, many individuals look for ways to maximize deductions and minimize their tax liabilities. One question that has gained attention is whether massages qualify for tax deductions. It's tempting to think of turning a relaxing... Read More

Do Renters Pay Property Taxes?

As a renter, you may wonder why there are certain fees that come alongside your monthly rent payment.One question that may pop up in your mind is “Do renters pay property taxes?”This is a valid question as you may not have full knowledge about tax... Read More

TV STAR SLAPPED WITH MILLION DOLLAR TAX LIEN

TV START SLAPPED WITH MILLION DOLLAR TAX LIEN TV star slapped with million dollar tax lien. Erika Jayne's financial problems are apparent, as the Real Housewives of Beverly Hills has been hit with a $2.2 million dollar tax line by the Franchise ... Read More

GIG COMPANIES TRYING TO TURN TAX CODE

Gig companies trying to turn tax code. In what he has called the "Worker Flexibility and Choice Act", Rep. Cuellar, D-Tx. has labeled this bill, as so many bills are labeled, in an attempt to make it something it is not. The reality of this bill,... Read More

WEISSELBERG TO FLIP AFTER LONG DELAY

Weisselberg to flip after long delay. Donald Trump's Chief Executive Officer Allen Weisselberg has been delaying for as long as he could, his criminal trial, hoping that Trump would become President again, and grant him a pardon. But he has now... Read More

GIG COMPANIES TRYING TO TURN TAX CODE

Gig companies trying to turn tax code. In what he has called the "Worker Flexibility and Choice Act", Rep. Cuellar, D-Tx, has labeled this bill, as so many bills are labeled, in an attempt to make it something it is not. The reality of this bil... Read More

ESTATES CAN ELECT LATE PORTABILITY OPTION

Estates can elect late portability option. The IRS issued revenue procedure 2022-32 that allows estates to elect "portability" of a deceased spousal unused exclusion exclusion amount as much as five years after the decedent's date of death. Est... Read More

TAX EXTENSION CAN FILE BEFORE OCTOBER 17

Tax extension can file before October 17. The IRS in memo IR-2022-141, is reminding taxpayers that they don't have to wait until October 17th, to file their tax return, if they filed an extension for the tax year. They can file at any time prio... Read More

WAYFAIR DECISION EVENS PLAYING FIELD

Wayfair decision evens playing field. The Wayfair Tax decision happened, due to large online retailers like Walmart and Amazon flouting again the IRS Tax System, so they can maximize profits at the expense of the American Economy, by not paying... Read More