Taxes Archive

Clarity on Deductibility of Meal Expenses May Be Coming

You may have seen a report today in The Wall Street Journal (subscription and login required) stating that the Internal Revenue Service is working on guidance that would clarify the deductibility of expenses for client meals under the new...
September 28, 2018

Like the Tax Law? Don’t Like It? Remember, Much of It Expires in 2025

Whatever you think of the “Tax Cuts and Jobs Act,” which President Donald Trump signed into law just before Christmas, much of it goes away on Dec. 31, 2025, which means many of the changes will revert back to...
December 27, 2017

To Get Higher Sale Price, Client Could Refinish the Floor

What does it cost to make old hardwood floors look new again? Let’s say it costs $3,000. That’s a lot of money, especially for owners who just want to get their house on the market and be done with...

Why Doubling the Standard Deduction Won’t Help Most Homeowners

One of the most talked-about provisions in the tax reform framework that the Trump Administration and Republican congressional leadership released a few weeks ago is the doubling of the standard deduction. Of all the changes the framework would make,...

Learn How Tax Reform Might Affect Your Business

Note: The tax reform webcast being hosted by NAR on this topic is postponed because of a scheduling conflict. Registrations are not being taken at this time. Sorry for any inconvenience.—Robert Freedman, director, multimedia communications, National Association of REALTORS®....
June 29, 2017

Fox News Host: Tough Road for Tax Reform

Congress likely will pass health insurance reform this year, but it’s less certain whether lawmakers will be able to tackle tax reform before switching their focus to re-election in 2018, “Fox News Sunday” host Chris Wallace said at the...

Tax Plan Could Hurt Homeowners

The tax plan released by the Trump Administration earlier this week puts the real estate industry at the center of the debate over how to make the country’s tax code simpler, fairer, and better at generating economic growth in...

Maybe you haven’t tangled with a troll, but this patent victory is for you

It’s common today for real estate brokerages to have systems in place for sending email alerts whenever there’s new or updated listings that customers might be interested in. it’s not new technology, and in fact the technology is arguably...

Live Webcast: Year-Round Tax Tips for Real Estate Professionals

April 15 may come around just once a year, but for anyone who runs their own business, tax season never ends. From preparing and filing estimated taxes to keeping records and understanding the nuances of deductions, taxes are complex...

Real Estate to Benefit as Internet Access Taxes End

Ten states today levy what are known as Internet access taxes. That might come as a surprise to many people, since the taxes are largely invisible. They’re levied on companies like Verizon and Comcast, the Internet service providers (ISP)...
March 14, 2016