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No, Unrecorded Intrafamily Home Mortgages Aren't Deductible

No, Unrecorded Intrafamily Home Mortgages Aren't Deductible

  Originally published on Forbes.com Nov 13th, 2013 Loaning money to your kids can be a great planning maneuver.  It is critical that you follow all the formalities to avoid nasty surprises.  In the recent Tax Court decision in the case of Christopher DeFrancis...

Mobile Workforce Act Good Idea But May Need More Limits

Originally published on Forbes.com Nov 6th, 2013 Yesterday, U.S. Sens. Sherrod Brown (D-OH) and John Thune (R-SD) introduced the Mobile Workforce State Income Tax Simplification Act. The Act would simplify and standardize state income tax collection for employees who...
When Planning Never Forget The Alternative Minimum Tax

When Planning Never Forget The Alternative Minimum Tax

Originally published on Forbes.com Nov 1st, 2013 You can do a lot more to affect your tax liability for the year in November and December than you can in April of the following year.  Often you will have enough information to do a pretty good mock-up of your return,...