There are tax benefits of Higher Education-with limitation of course. This is an excellent case to clarify issues surrounding the destructibility of the higher education expenses. Background Alex Kopaigora began working for Marriott International Corp. in 2002 as an accounting manager. In June 2006, Kopaigora accepted a position as senior assistant controller […]
It is so tempting to claim those rental “paper loss” on the tax return that I almost always have to put a fight with my clients-specially the Real Estate Professionals. At times I had to refuse to sign on the return or even let the client go somewhere else. Two recent […]
Ever wonder how an oil company knows where to drill underneath the sea to get the maximum results for their investment? They go through an extensive survey of the surface of seabed. Of course this survey involves expenses. There are IRS guidelines specifically addressing these expenses. These expenses are deducted over […]
