March 2019

Tax-Saving Tips March 2019   When the Second Office in the Home Is a Principal Place of Business When possible, you want to claim that your office in your home qualifies as a principal place of business because this classification   gives you the home-office deduction, and eliminates commuting...

  Premiums for Medicare health insurance can add up to a substantial sum. That’s especially true if   you have high income, and you’re married and both you and your spouse are paying premiums.   Fortunately, the premiums can potentially help your tax situation. The dollar benefit of Medicare...

  Making loans to your corporation became more hazardous 33 years ago with the Tax Reform Act of 1986. That was pretty awful.   But the new Tax Cuts and Jobs Act tax reform made things worse for tax years 2018 through 2025. If you operate your business...

  When possible, you want to claim that your office in your home qualifies as a principal place of business, because this classification   gives you the home-office deduction, and eliminates commuting from your home to your regular office.   Current law gives you two ways to claim your...