Tag: personal tax

Taxes And Your Rental Properties

Sterling Accounting is your answer for all the operating needs of your rental property. Cut the worry and work, and let the money roll in with little effort on your part!

“Keep in mind that real estate can be a great investment as part of a complete investment portfolio, but you need to be mindful that there is a tax effect and should be one aspect of your concerns…” [ Read more here ]

Tax Pro’s Uncertain They Will See Tax Changes This Year

Are we likely to see a tax shakeup with the proposed reform taking place this year? Tax professional’s aren’t all that certain… “Nearly two-thirds of the survey respondents (63.5 percent) said compromise in Congress is most needed to ensure passage of tax reform. For the survey, Deloitte polled more than 3,100 attendees during a webinar last month….” [ Read more here ]

Five States Your Taxes Go The Furthest

There is no escaping your federal taxes, unless you want an unfriendly visit from the IRS. But there are states where you tax money goes further thanks to differing laws regarding state tax…

“While the federal tax code is uniform across the nation, state and local taxes vary widely. Seven states boast no personal income tax at all: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming…” [ Read more here ]