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Articles relating to "Taxes":

Aug. 1 sales tax holiday includes computers, more (7/29/2014)
From Friday through Sunday (Aug. 1-3), Fla.’s school sales tax holiday offers residents savings on personal computers (up to $750) and clothes (up to $100).

It’s unlikely Congress will alter mortgage tax credit (5/14/2014)
Political strategists at NAR convention expect a nat’l tax discussion, but no longer think lawmakers will consider changes to the popular homeowner deduction.

IRS mortgage tax forgiveness still on hold (5/7/2014)
If a seller has $200K in mortgage debt forgiven in a short sale, the IRS considers it taxable income, but a push to extend forgiveness this year isn’t assured.

Property taxes hit 20-year high (4/3/2014)
Census Bureau: Property-tax collections – the largest source of revenue for local government – have risen every year since 1992, but for a slight drop in 2010.

The home office deduction: What you need to know (4/1/2014)
The deduction is a red flag for an IRS audit, but it’s still legit and can save some agents a lot of money – providing it adheres to all IRS home office rules.

The home office deduction: What you need to know (3/31/2014)
The deduction is a red flag for an IRS audit, but it’s still legit and can save some agents a lot of money – providing it adheres to all IRS home office rules.

Fla. TaxWatch: Put trust back in trust funds (3/20/2014)
A report says Fla. lawmakers shouldn’t be able to easily “sweep” money from a trust fund into general revenue, as they have done with workforce housing money.

Florida TaxWatch: State 47th in nation for taxation (3/18/2014)
Fla.’s state tax burden is one of nation’s lowest, but individuals actually pay more. When state and local taxes are combined, the per-capita Fla. rank is 37.

Do you live in fear of an IRS audit? (2/17/2014)
Tax deductions can make the IRS look closer at a tax return, but Realtors have a roster of legitimate deductions, such as a home office. Info must be documented.

Expired short sale tax relief may impact home sales (2/6/2014)
While Congress may yet extend IRS tax forgiveness for short sales retroactively, potential sellers could be holding off their home listing until it’s official.