Renting Out a Vacation Home

Renting Out a Vacation Home

How is Your Tax Bill Affected If You Rent A Vacation Home Out? If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The tax treatment can be complex. It depends on how many days it’s rented...
Gift Tax Annual Exclusion

Gift Tax Annual Exclusion

Planning for Year-End Gifts With the Gift Tax Annual Exclusion As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the annual exclusion, gifts to family members and loved ones...
Student Debt Interest Deduction

Student Debt Interest Deduction

You May Have Loads of Student Debt, But It May Be Hard to Deduct the Interest More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If you have student loan debt, you may wonder if you...