Short-Term Rentals

Many taxpayers rent out homes using online rental services (such as Airbnb, VRBO and HomeAway) that connect property owners with prospective renters,. When a taxpayer rents property for a short period, special taxation rules come into play. The rental income may not be taxable at all, might be reported on Schedule E or might have […]

Like-Kind Exchange

When does a like-kind exchange qualify for delayed reporting of a sale? This webinar provides instruction on what does (and does not) qualify as a valid §1031 exchange, how to calculate gain when boot or debt is involved, and basis changes that arise from like-kind exchange treatment.

Ethics Part 1

New Class – Rules Governing the Authority to Practice, SubPart A of Circular 230

Ethics Part 2

Select Duties and Restrictions Relating to Practice Before IRS Subpart B will be discussed in part as it related to a tax practice.

The Correspondence Audit

More and more correspondence audits will be hitting our desks as IRS trains new auditors. Preparing, responding and summarizing your response for success.

Principal Residence Taxation Issues

Some very interesting tax situations arise around home ownership: itemized deductions (particularly mortgage interest), the §121 exclusion, home office, conversion of a principal residence to a rental and conversion of a rental for a principal residence, and – last but far from least – foreclosures. This class will examine such situations and provide examples of […]