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Wall Street Journal Names Top 5 Tax Blogs

17. February 2010

Wall Street Journal Names Top 5 Tax Blogs For tax help consult these tax experts: 1. TaxProf Blog: Penned by Paul Caron, a law professor at the University of Cincinnati, this blog offers a diverse menu of industry news, event updates from coast to coast, and stories worth a second glance. 2. Tax Policy Blog [...]

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Real Estate Professional Status as viewed by Uncle Sam

13. February 2010

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Real Estate Professional Status as viewed by Uncle Sam The IRS started challenging the real estate professional status over two years ago. Since then, we’ve seen a lot of audits, unfavorable audit results and a few court cases. The real estate professional status allows taxpayers to take full advantage of real estate losses against other [...]

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Real Estate Investors Disappointed by New Home Buyer Tax Credit

18. November 2009

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Real Estate Investors Disappointed by New Home Buyer Tax Credit If you are a real estate investor and were hoping, like me, that the new credit would offer benefits to investors, you will be sorely disappointed, like me. However, it does make it easy to sell your properties on land contract and help you “cash [...]

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To Pay or Not to Pay Taxes – The Debate Over Roth IRA Conversion Rages

17. November 2009

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To Pay or Not to Pay Taxes – The Debate Over Roth IRA Conversion Rages My associate Amanda Han introduced this topic on converting to a Roth IRA but I think it’s compelling enough to examine in more detail. This is an opportunity for many people to pay taxes on the “penny seed” instead of [...]

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Is Your Company a Hobby or a Business?

12. November 2009

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Is Your Company a Hobby or a Business? Amanda Han is going to guide us through the IRS’ definition of what constitutes a legitimate, tax-paying business. This is really key for tax purposes and these tax tips will help you decide what you are. The lines can sometimes be unclear and that too can be [...]

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Real loopholes to obtain tax free distributions from your retirement accounts?

5. November 2009

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Real loopholes to obtain tax free distributions from your retirement accounts? Retirement planning is an important facet to your overall portfolio strategy. Without proper tax & distribution information, you could over pay or be penalized on your actions. If you’d like to take advantage of these loopholes, seek a professional who has experience in qualified [...]

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Client Made a 401K Withdrawal–Uninformed Realtor Causes Client to Pay $15,000 in Unnecessary Taxes

2. November 2009

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Client Made a 401K Withdrawal–Uninformed Realtor Causes Client to Pay $15,000 in Unnecessary Taxes I was sitting in the sauna a few weeks back, chatting with a fella who had just liquidated his 401k because he was sick and tired of the performance and so he decided to take action and buy an income property [...]

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Retirement Plans make Great Deductions for Employers

29. October 2009

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Retirement Plans make Great Deductions for Employers They key to having your own business is maximizing your deductions and one of the best ways to do that is to create a retirement plan for your employees. Here’s what Amanda has to say on the topic…..Enjoy, Megan. Amanda Han’s Keystone Korner For the past several weeks, [...]

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Deadlines for Creating Retirement Plans in your Business

21. October 2009

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Deadlines for Creating Retirement Plans in your Business As a small or large business owner, you may be wondering if you can get a company-wide retirement plan together in time for this year or for next and what the deadline is. Here are some ideas on that from my favorite tax gal, Amanda Han. Thanks [...]

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Forming a Retirement Plan within Your Business

16. October 2009

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Forming a Retirement Plan within Your Business When creating your business entity, the question of retirement planning comes in to play as well. Young professionals don’t always think this long-term but it’s good business. This first article is a brief intro on the 4 types of plans available to business owners. The following articles will [...]

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First Time Home Buyers Tax Credit Update

15. October 2009

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First Time Home Buyers Tax Credit Update On this episode of The Mortgage Hotline Sean La Rue talks to listeners about the first time home buyer tax credit. Share and Enjoy: Sphere: Related Content

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Top Ten Tax Tips–Outside the Box

14. October 2009

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Top Ten Tax Tips–Outside the Box As I mentioned, I hate talking about taxes but I love finding experts who love to talk about taxes. I found this Top Ten List that is really smart and wanted to share it with folks who are like me–hate doing it but know it’s necessary. From retirement planning [...]

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Beware: IRA Distributions in 2009 are different than other years

12. October 2009

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Beware: IRA Distributions in 2009 are different than other years Amanda Han of Keystone CPA, Inc. in Irvine, California always has useful little tax tid-bits. This will be an ongoing series that should supply you with some little known or subtle tax tips. I’m not one for memorizing tax code because that holds not interest [...]

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