Our main focus at this time is Profit First Consulting and services for small business. You can click on the link above or go to https://profitcomesfirst.com/ to learn more. You can also check out both of the podcasts: Richer Soul and Profit Answer Man by following the links above.
I can get a tax credit for sending my kids to summer camp? Yes, in certain circumstances and under certain conditions you are allowed to get a credit for daytime summer camp, although overnight camps are excluded. Yes, even sports camps or other specialty camps qualify! Isn’t it awesome that…
How much of a tax deduction do you get for your home mortgage? Well, you may not be getting what you think you are. In order to get the deduction, you first have to overcome the standard deduction. For a married couple filing jointly in 2019, the amount is $24,000.…
Have you ever wanted to earn money tax-free? It sounds crazy, but there is actually an easy way for you to do this. You just need to rent out your house out for less than 15 days. You can’t deduct any expenses, but the income is tax-free. AirBnb and VRBO…
Washington, D.C. (May 5, 2015) By Michael Cohn The Internal Revenue Service has been unable to stop taxpayers from collecting billions of dollars in potentially erroneous education tax credits, according to a new government report. J. Russell George The report, from the Treasury Inspector General for Tax Administration, found that…