It’s Summertime, and as we flock to seaside destinations for a week at the beach, many of us often consider whether BUYING a beach house would be smarter than RENTING one once or twice a year. Here are a few tax implications of owning a beachside rental property.
Crowdfunding campaigns have soared in popularity with the advent of websites such as Kickstarter, GoFundMe, Indiegogo and more. Through these sites and social media people are able to raise money to fund a new business venture, pay off medical bills, create a new product, raise money for charity, and just about anything else you can think of. These crowdfunding sites have allowed individuals and businesses raise billions of dollars each year – so do you have to pay taxes on that?
Happy Spring! As we get the itch to start our “Spring Cleaning”, we wanted to add one more item to your list. In between cleaning the guest bedroom closet and organizing the pantry, be sure to pencil in “organize tax stuff”! We find that cleaning out the old and organizing the new and important can make a big difference in the world of tax! Here are some tips:
Happy Tax Season, Y’all!
As you work to prepare your 2016 return and as the 2017 tax year gets well underway, we wanted to offer some helpful tax tips! In our extensive experience here at Bryson Law Firm, LLC in resolving IRS tax debts owed, we find that it’s typically some of the same common mistakes that people have made to have ended up in need of our services. Here’s a list of the 3 most common tax mistakes we frequently see and some tips so you can avoid them yourself...
Written By: Kathryn Watson
TWO employee thefts in the news THIS WEEK! In the news about a week ago in Mandeville, Louisiana, it was reported that two employees were arrested for stealing from their employer more than $1.4 million. Just a few days ago, another news story: in Lafayette, Louisiana, a woman stole more than $250,000.