Tax Return Review – Rental Properties/Dishwasher Rule
“Bob and Sue” are over 70.5, taking social security, and have several rental properties. Even when the client is in an overall great tax situation there are always things we can review with them, including whether they are happy receiving a large refund and whether they have really considered all possible expenses for their rental properties.
Recommended Articles
Crucial IRS Deadlines That Taxpayers Miss
Background “Tax Day” is one of those dates that everyone knows, right? April 15th, every year…or is it? The tax deadline for individual filers is typically April 15th of […]
Read More
Advisor Tax Mistake #5 – Your Tax Planning is Making Your Client’s Life Harder
This article is the 3rd in a series of the 7 most common mistakes financial advisors make on tax planning with clients
Read More
5 Reasons Software Can’t be Trusted
“Well, the software let me do it.” This sounds more like something you’d hear from siblings fighting than from a professional. Unfortunately, taxpayers, tax preparers, and financial advisors all have […]
Read More
