Business Use of Vehicles The deduction for business auto expenses generally applies only to self-employed persons. Exceptions exist for Armed Forces reservists, qualified performing artists, and fee-basis state or local g...

Tax Scams – Protect Yourself There are many tax scams out there with the purpose of stealing your identity, stealing your money, or filing fraudulent tax returns using your private information. Tax scammers work year-ro...

Types of Rental Income Description Advance rent An amount received prior to the period the payment covers. Payment for cancelling a lease Any amount paid by a tenant to cancel a lease. Expenses paid by tenant Any amount p...