You Be The Tax Judge: The Home Office Makeover Verdict
Can you deduct home office renovations? See how the Tax Court ruled on a $24,728 deduction and what today’s tax rules mean for working from home.
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Taxes From A To Z (2019): U Is For Unadjusted Basis
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim house office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. U is for Unadjusted Basis. Basis is,…
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Taxes From A To Z: H Is For Home Improvements
I have a love/hate relationship with my house. I hate that the screen door in the back is broken but is nearly impossible to fix because we have an old Victorian with quirky (read: non-standard and expensive to replace) sized doors and windows. The floors in my kitchen are terrible. And for about two weeks…
