ARCHIVED BLOG POSTS
2020
The Operation of Vacation Properties Was Not Considered a Rental Activity by the IRS Who Is the Customer When Properties are Rented? Background As an affiliate member of the Suburban West Realtors® Association, we see various taxpayer arguments in our Exton PA office to maximize tax deductions in...
08/31/2020
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As we continue to endure the health and financial ravages of the corona virus, unfortunately more bad news is likely on the horizon. Currently, there are 15 million taxpayers in IRS collections. IRS estimates that 7 million taxpayers are not filing their tax returns. Many tax professionals are p...
08/28/2020
Unemployment Benefits - Taxable Income or Non-taxable? Does It Make a Difference if Benefits Were Federal or State? Background Due to the Covid-19 pandemic, millions of taxpayers who lost their jobs, had their hours reduced, or were self-employed and had their revenues decline received unemployme...
08/12/2020