Housing is an important component of the U.S. economy. Monitoring this sector’s strength and growth trend has forecasting value. Housing prices are looking to continue increasing and driving the U.S. economy.
If Trump sticks to his campaign promises, here are the major changes his administration wants to make on taxes.
The House GOP’s June 24 tax reform report includes big changes to corporate and individual taxation. Learn about the GOP’s plans, and possible next steps.
Wildfires, tornadoes, storms, landslides, and flooding…. It’s almost as if you can’t turn on the news without seeing images of a disaster striking somewhere. If you’ve suffered property loss as the result of these events or other circumstances, you may be able to claim a casualty loss deduction on your federal income tax return.
Keep in mind that lending money to family members can be a tricky proposition. Before entering into this type of financial arrangement, you should take the time to carefully weigh both the financial and emotional costs.
Congress is considering several measures that would extend tax provisions that were previously allowed to expire.
With home rentals already listing for $10,000 and up for one week, you may be asking yourself whether you should list your house for rental. Before you hop online or call AirBNB or Zillow to list your home, you first may want to think about the tax consequences of renting your home. And it all comes down to the number 15.