If you missed it, come next week for round #2

Hi Taxpayers Yesterday I taught a zoom class on Tax Planning – The Who, The Why and The How. If you missed it, don’t worry, I will be teaching the same class again next week. Sign up at www.wendybarlin.com. I am always amazed as I open up the chat for...

Renting out a room in your home?

One of the most popular ways to make extra cash is to rent out your home or a room in your home. We lovingly refer to this new “business” as the Sharing Economy. AirBnB is probaly the most commonly used and popular online platform for home rentals. The bad...

Your tax refund is on its way

The IRS confirmed on its website today that for 2021 tax returns electronically filed, nine out of 10 refunds are being issued in less than 21 days. As of the week ending April 1, the IRS has sent out more than 63 million refunds worth over $204 billion. The average...

What is taxable rental income?

I think we are all clear and understand that if you rent out property, the income you receive is taxable. What about the Security Deposit? Well the security deposit is NOT included inrental income when received if you intend to return the deposit to the tenant at the...

Download Your FREE Tax Chart

You have Successfully Subscribed!

Download Your FREE Pension Chart

You have Successfully Subscribed!