Where you can find free tax advice for your business
03/03/2015 | Author: Editorial Staff
Filling out tax forms can be confusing. While you should consult a tax expert for advice, the Internal Revenue Service offers a wealth of free information that can help you with your business taxes. Here’s a sample of what’s available on the IRS's website:
- Real Estate Tax Center: Primary page to navigate to all real estate-related information.
- Avoiding Problems – Real Estate: Get tips for better recordkeeping and advice for what to do if you receive a notice from the IRS, such as a letter about your tax return.
- Licensed Real Estate Agents – Real Estate Tax Tips: Explains what makes someone a statutory nonemployee.
- Audit Technique Guides – Real Estate: See the guides IRS employees conducting audits use related to passive activity losses and the rehabilitation tax credit.
- Tax Tips – Real Estate: Advice related to real estate-related deductions, environmental cleanup costs, involuntary conversions, commercial property owners and leaseholders energy-efficiency tax deductions, and more. Your clients may also benefit from information on this page.
- Tips on Rental Real Estate Income, Deductions and Recordkeeping: Outlines what those who own rental real estate need to know about federal tax responsibility, and might be especially useful for your clients who rent out property.
- Reporting and Paying Tax on U.S. Real Property Interests: Help on how to comply with the Foreign Investment of Real Property Tax Act of 1980 (FIRPTA) income tax withholding.
For other tax-related issues, try the IRS's Interactive Tax Assistant (ITA). This catalog of frequently asked questions covers the Affordable Care Act, general filing questions, deductions, credits, and income.
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