PERSONAL TAXES Archives - CPA IN MINNESOTA

28 09, 2018

Personal Tax Records Retention

David2020-08-10T14:17:06+00:00September 28th, 2018|Categories: PERSONAL TAXES, RECORD RETENTION|Tags: Checklist, Records|

Personal Tax records may have to be produced if the Internal Revenue Service (state or local taxing authority) were to audit your […]

27 09, 2018

David2018-12-17T20:56:31+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Capital Asset, Family Giving, Selling House|

If you are about to sell a capital asset at a loss – stock in your company, for example – consider putting […]

27 09, 2018

David2020-02-05T06:07:05+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Charity, Deductions|

There are two kinds of charitable donations you can make: Cash and Everything Else.

27 09, 2018

David2020-02-05T06:05:50+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Home Office, Self Employed, Selling House, Tax, Tax Tip|

Per the IRS, the home you live in most of the time is your main home. When you sell it you will […]

27 09, 2018

David2018-12-17T22:13:05+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Deductions, Tax, Tax Tip|

Before the end of the year, take advantage of what is known as the annual gift-tax exclusion. This allows you to give […]