New year, new form: How form 8825 is changing for rental real estate owners

The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...
Houston Chronicle

How to Calculate Gross Income for Self-Employed With Records Including Income and Expense

When you are self-employed, tracking your income is a bit more complicated than receiving a W-2 from another company. Calculating gross income, as well as net profit or loss, can be particularly ...
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Schedule E: How to use this tax form to report rental income and losses

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.
southcoasttoday

Personal property tax, forms of list and income expense forms

The information presented is a “basic overview” of the reasons for and uses of Personal Property Taxes, Forms of List and Income and Expense Information. There is more detail than could possibly be ...
Nasdaq

Form 8829: How to Deduct Expenses for Home Business Uses

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...
southcoasttoday

Personal Property Tax, Forms of List and Income and Expense Forms

The information presented is a “basic overview” of the reasons for and uses of Personal Property Taxes, Forms of List and Income and Expense Information. There is more detail than could possibly be ...