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If you are audited by the IRS, can you write off the cost incurred during the audit, such as bills from your cpa?
I’m a loan officer who is 1099′d. I am currently undergoing an IRS tax audit for the years of 2004 and 2005. I have probably paid my cpa in the neighborhood of [...]
Can I use my textbooks that I use for college as a tax write off?
I am well aware of the Hope Credit, but the wording under the Hope Credit says that it can be used for tuition and related expenses. Can anyone help me out on this matter, I’m trying to use every tax [...]
Am I allowed to upgrade my house, then use the depreciated value as a tax write-off when I rent it out later?
I own a duplex, and live in one half while the other half is rented out. The Bathrooms on each side need to be remodeled. I would like to both rooms the [...]
Tags: bathroom tax write off, bathrooms, depreciated value, duplex, duplex tax write off, house value, remodel tax write off, rent, rent out, rent tax write off, rental tax write off, rooms tax write off, tax write off rent out, turbo tax, turbo tax write off, upgrade house, write off depreciated value, zero use tax write offCan I get a tax write off if I donate my car to a family member?
I know you can get a tax id number and then write the car off if you donate your car to a charity but can you get one donating your car to a family member I rather give the car [...]
I am a pastor of a small church who is having service in an old building. The owner is an incredibly nice guy who is considering donating the property to the church. He has also been donating other properties already. I want to know, if the owner of that building would give us the property, [...]
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