The Tax Professionals Blog
Back-Door Roth IRAs
Posted by Lee Reams Sr. on
The Ins-and-Outs of Times Shares and Use as Charitable Contribution's
Posted by Lee Reams Sr. on
Taxpayers sometimes donate a time-share week to a charitable auction, leading to questions about whether this is deductible as a charitable contribution.
Rental Cars & the Standard Mileage Rate
Posted by Lee Reams Sr. on
Can an individual rent a vehicle for business purposes from a car rental agency such as Hertz or Budget and deduct the standard mileage rate as opposed to deducting the rental fee?
The Tax Implications of Renting to a Relative
Posted by Lee Reams Sr. on
When a taxpayer rents a home to a relative for long-term use as a principal residence, the tax treatment of the rental depends upon whether the property is rented at fair rental value or rented at less than the fair rental value.
Tax Treatment of a Marijuana Business
Posted by Lee Reams Sr. on