Tax Deduction for Educator Expense The educator expense deduction is the primary tax break for teachers. Here are some criteria to qualify for this deduction in a year:You were...
Posted by Unifirst Financial & Tax Consultants on 08/30/2021
Giving out a on rent room is another way to earn extra money. Many people now rent out an apartment or a room either for an office or for other functions. If you want to rent out...
Posted by CORE PERFORMANCE on 04/15/2021
Ideally, scholarships and grants should not be taxable, which is good news for students. However, it is too early to rejoice as Uncle Sam might want a cut based on the amount you got...
Posted by Pat Raskob on 03/08/2021
Owning a vacation home or a main dwelling in a location frequented by vacationers opens you up to income options like vacation rental, or temporary rental. With online markets...
Posted by Abundant Wealth Planning LLC on 10/22/2020
It’s no longer a surprise why sites like Airbnb and Craigslist became popular these days. A lot of savvy travelers have been looking for alternative accommodations when they’re...
Posted by rinehimerbaker on 01/22/2019
People are always in the run to earn more money as well as some extra money in order to meet their needs. For those of you who have big homes, you have an excellent option of renting...
Posted by J.R.'S TAX SERVICE on 01/09/2019
In these tough economic times many of us have been forced to come up with clever side-hassles. Those who have access to capital have started small businesses while others who are not...
Posted by Paul Vanderbosch CPA LLC on 03/10/2016
With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
