by No Limit Tax Tucker | Sep 26, 2018 | Tax Tips
Avoid a Surprise Tax Bill If you usually itemize on your taxes you may be affected by recent changes to the Tax Cuts and Jobs Act. The new law makes a number of major changes including: -EXCLUDING deductions for employee business expenses, tax preparation fees, and...
by No Limit Tax Tucker | Sep 19, 2018 | Tax Tips
The IRS is warning taxpayers to be aware of a new scam affecting the public. The latest scam involves erroneous tax refunds being deposited into the taxpayer’s bank account. How does the scam happen? Criminals steal taxpayer data and file fraudulent tax...
by No Limit Tax Tucker | Sep 16, 2018 | Tax Tips
If you sell your home you may qualify to exclude all or part of the gain from the sale from your income. Certain rules must apply for this to occur: To claim the exclusion you must meet the ownership and use test. You must have owned the home for at least two years...
by No Limit Tax Tucker | Dec 26, 2017 | Tax Tips
Earlier is usually always better. This is especially true when it comes to filing your tax return. The IRS encourages individuals every year to get an early start on tax preparation. Not only do you get a faster refund, but you also avoid the last-minute rush and...
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