Article Highlights:
Service Member and Spouse Residence or Domicile
Non-Taxable Allowances
Combat Zone Exclusion
Home Mortgage Interest Deduction
Home Property Tax Deduction
Home Sale Gain Exclusion
Moving Deduction
…
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As the current 30-year mortgage rate hovers at 8%, and the 10-year treasury approaches 5%, it's crucial to understand the implications of rising interest rates on personal finances.
Depending on your life stage and financial situation, these…
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Article Highlights:
Tax Return Mistakes are Common
Fixing Tax Return Mistakes
Amended Return
Superseding Return
Don’t Procrastinate in Responding to IRS
Common Family Tax Mistakes
Generally speaking, tax return mistakes…
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Article Highlights
Starting a Business
What Expenses Qualify as Start-up and Organizational Costs
Tax Treatment of Start-up and Organizational Costs
Common Start-up and Organizational Costs
Summary
Starting a business can…
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Article Highlights:
What is unclaimed property?
How can you find unclaimed property?
Is the unclaimed property you find taxable?
What are your chances of finding unclaimed property in your name?
Unclaimed property refers to…
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In the dynamic world of start-ups, securing funding is the lifeblood of growth and innovation. However, as interest rates begin to rise, entrepreneurs find themselves facing a new set of challenges. In this article, we'll explore the multifaceted…
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Article Highlights:
October 16, 2023 is the extended due date for 2022 federal 1040 returns.
Late-filing Penalty
Interest on Tax Due
Other October 16 deadlines
If you could not complete your 2022 tax return by April 18, 2023…
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October 2023 Individual Due Dates
October 2 - Fiduciaries of Estates and Trusts
File a 2022 calendar year return (Form 1041). This due date applies only if you were given an extension of 5½ months. If applicable, provide each beneficiary…
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Article Summary:
Home Sale Exclusion
Primary Residence
Second Home
Fixer-upper
Rental
With careful planning, and provided you follow the rules, the tax code allows you to use the home sale gain exclusion every two years.
Let’s…
https://www.islernw.com/wp-content/uploads/2023/09/Blog-header-image-using-your-home-sale-gain-exclusion-for-more-than-just-your-home-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-09-14 12:00:032023-09-01 06:30:42Using the Home Sale Gain Exclusion for More than Just Your Home
A recent Stanford study reviewed the aftermath of the Enron collapse and the repercussions to Enron's accounting firm's former clients. The primary trend they identified was when former clients issued accounting restatements or revisions because…
https://www.islernw.com/wp-content/uploads/2023/09/Blog-header-image-hidden-costs-of-sloppy-bookkeeping-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-09-12 12:00:582023-09-01 06:30:55The Hidden Costs of Sloppy Bookkeeping
Tax Benefits for Members of the Military
TaxesNavigating the Impact of Rising Interest Rates on Personal Finances
InterestMade a Mistake on Your Tax Return, so What Happens Now?
Tax Planning, Tax Tips, TaxesNew Business Start-up Costs
Entrepeneurship, Small BusinessFind Lost Money
Finance TipsNavigating the Challenge: How Rising Interest Rates Impact Start-up Fundraising
Interest, Small Business, StartupOctober Extended Due Date – Just Around the Corner
2023 Due Dates, 2023 TaxesOctober 2023 Important Due Dates
2023 Due DatesUsing the Home Sale Gain Exclusion for More than Just Your Home
Home OwnershipThe Hidden Costs of Sloppy Bookkeeping
Accounting, Business