An annual question of our students is as follows: “Is an educational cruise is tax deductible? The short answer is yes. However, the student and the cruise must meet or exceed IRS guidelines. The two parties involved are the Host and the Student. Here is...
It is time to file your Illinois Real Estate Tax Appeal. This blog post is courtesy of a question from Jay in Cook County Illinois who just has a surprise awakening. Jay bought a foreclosure and the tax bill doubled from $2,000 to $4,000 in...
Should you consider Prepaying Your 2017 Real Estate Taxes? Since I own an income tax preparation business I will give you my opinion. We are still trying to figure this out for all of our clients but this is the most frequently asked question. Even the...