Tax guidance and resources

Latest Articles

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  Capital gains exclusion for foreign home

  The rules apply to foreign homes even if you were not a resident of this country during the period of ownership and use, says CPA George Saenz.

  1 min read Nov 09, 2006
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  Deducting rental property losses

  Rental real estate losses are not allowed to married or single taxpayers whose AGI exceeds $150,000 a year, says CPA George Saenz.

  1 min read Nov 08, 2006
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  Converting to a Roth IRA

  The Roth conversion is an oddity, making people pay more tax now in exchange for a future promise that you will not have to pay tax, says CPA George Saenz.

  1 min read Oct 25, 2006
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  Capital gains on sale of home with farm

  If the avocados produce a profit, then the land is considered farmland and when sold would not qualify for capital gain exclusion from the sale of your home.

  1 min read Aug 01, 2006
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  Estate tax elimination could cost heirs

  As it stands now, the estate tax will be repealed in 2010. But some people could face a whole new set of tax troubles.

  7 min read Jul 24, 2006
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  Student wants tax exemption on condo

  Whether you can exclude capital gains on the sale of your jointly owned condo largely depends on if it served as your principal residence, says CPA George Saenz.

  2 min read Jun 13, 2006
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  Overtaxed on rental property sale

  You have three years from the date you filed the original return to claim a refund on your overpayment, says CPA George Saenz.

  1 min read May 02, 2006
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  Tax details quiz

  Let’s get down to brass tacks. Do you know basic tax details? Take our quiz and find out.

  1 min read Apr 30, 2006
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  Tax Basics: Chapter 2 quiz

  Taking care of taxes involves the nitty-gritty of finding the right form and tax tables. Test your knowledge.

  1 min read Apr 30, 2006
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  Tax Basics: Chapter 3 quiz

  You’d better know your deductions if you want to pay the least amount of tax. Test yourself.

  Apr 30, 2006
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  Trading the cube farm for self-employment

  Congratulations on your new partnership with Uncle Sam, who will participate in your profits, says CPA George Saenz.

  2 min read Feb 22, 2006
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  Should church send guest speaker 1099 form

  Should a church issue a guest speaker a 1099 if they give him an honorarium of $100 or more?

  2 min read Feb 16, 2006
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  Taking care of tax details

  Taking care of tax business when it rears its head throughout the year, and not just in April, is to your benefit.

  1 min read Apr 15, 2005
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  Oh, baby! Kids and taxes

  Your new chip off the old block will help you to chip away at some of the income taxes you owe.

  2 min read Apr 15, 2005
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  Taxes and homeownership

  Owning a home brings not only yard work, but also an added dimension to your taxes.

  5 min read Apr 15, 2005
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  Marriage and your taxes

  After your honeymoon, consider the new decisions you’ll need to make about your taxes.

  3 min read Apr 15, 2005
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  Changing your tax address

  It’s tempting to try to fly under the IRS’s radar. That’s not always a good idea.

  2 min read Apr 15, 2005
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  Your changing tax life

  With every stage of life, your taxes may change. Take advantage of the new opportunities coming your way.

  1 min read Apr 15, 2005
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  Are you a tax pack rat?

  Sure, it’s smart to have documentation in case the IRS asks. But don’t go overboard.

  2 min read Apr 15, 2005
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  Investment income

  Even funds as innocuous as the interest you earn have been deemed taxable by the IRS.

  3 min read Apr 15, 2005