Gain Attributable to Nonqualified Periods
Sales starting in 2009 allocate gain to nonqualified use periods, such as rentals or vacation use. Nonqualified use reduces the exclusio...
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The Tax Professionals Blog · 446 articles
Highlights of the Internal Revenue Bulletin 2024-32 - 8/9/2024
Final regulations address excise tax on designated drugs, updates on corporate bond yields, and proposed rules for clean electricity cre...
Read moreHome Office Method Considerations
Explore the Regular vs. Simplified Method for home office deductions under IRC Sec 280A. Compare their impacts on deductions, reporting,...
Read more2024 CTEC CRTP CPE Requirements
California tax preparers must register with CTEC unless exempt (CPAs, EAs, attorneys). Read more to see why registration matters for com...
Read more2024 EA CPE Requirements
Enrolled Agents (EAs) play a crucial role in tax preparation and representation, and maintaining certification requires staying up-to-da...
Read moreDeductible Expenses for Various Uses of Real Property
Explore deductible expenses for different property uses, including personal, rental, business, and investment. Learn how mortgage intere...
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