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pstrongWhile the IRS considers rent paid to you as income, there is one way to make some extra cash and keep it all./strong/ppNo, unfortunately you can’t just rent out your properties tax-free indefinitely, but you can for up to fourteen days.

pstrongThere are simple tax strategies and there are complex strategies. At the end of the day, these fundamental goals should still be reached./strong/ppThere are many tax strategies out there to help you. It can be a little overwhelming determining which ones can help.

pstrongWhy is it some businesses seem to simply “go out of business” and some have a liquidation? Find out what liquidation really means.br/strong/ppEssentially, liquidation means that a company’s assets are worth more than the value of the business’s ability to generate income.

pstrongAvoid IRS hassles by starting off on the right foot./strong/ppYou start your own business because you found you have something valuable to give the world and you’re good at it. But like most entrepreneurs starting out, you learn there’s a bunch of red tape that has to be handled in order for you to get to the business you set out to start.

pstrongThe IRS can’t audit everybody but just how many taxpayers are being audited? Find out the percentage by income./strong/ppThere are over 200 million tax returns filed every year. There’s no way the IRS could audit all of them. So just how many of these returns are being audited?

pstrongWhen it comes divorce or being an unmarried parent, who gets to claim your dependents can be a bit tricky. Here’s what you need to know./strong/ppMany times, divorced or unmarried parents can cause headaches because both parents attempt to claim their son or daughter as a dependent.

pstrongEver wonder about what the Earned Income Tax Credit is? You just might qualify!/strong/ppEssentially, the Earned Income Tax Credit, also known as the EITC, is way to help US citizens that work hard but still have lower income. What’s great about this credit is that it is a refundable credit.

pstrongPutting off your taxes until it’s too late can be damaging./strong/p pFiling your taxes late can mean that you’ll owe even more money. Or, if you have a refund due, it can lessen how much you get back. Either way, you’re losing money./p

pstrongIf you bought a house or owned in house in 2013, there may be more deductions than you knew about./strong/p pFor itemized deductions, most people know that you can deduct the interest you pay on your mortgage. Here’s a list more deductions you may be able to take as well./p ul liProperty Taxes/li

pstrongSure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well./strong/p