February 2014

pstrongIf you bought a house or owned in house in 2013, there may be more deductions than you knew about./strong/p pFor itemized deductions, most people know that you can deduct the interest you pay on your mortgage. Here’s a list more deductions you may be able to take as well./p ul liProperty Taxes/li

pstrongSure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well./strong/p

pstrongNot sending out 1099s can be costly. Here’s what business owners are responsible for./strong/p

pstrongThe distinction between capital expenditures and expenses may seem obvious. But the IRS may see it differently./strong/p pThere are capital expenditures and there are expenses. And most of the time, the line between them seems pretty clear to business owners come tax season. But there can be some gray areas./p