Tag Archives: tax deductions

President Trump to NAR midyear: ‘What you do is very beautiful’

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Unable to attend NAR midyear in person, President Donald Trump sent a two-minute video lauding Realtors’ work and praising his One Big Beautiful Bill Act. Continue reading →

It’s that time again: Get tax savvy for 2023 and 2024

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Sisters Amy Chorew and Maeda Palius offer tips and the latest insights so you can find out what you need to know to optimize the deductions on your 2023 taxes and plan ahead for next year’s return. Continue reading →

9 things real estate agents need to know about filing taxes

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Ahead of Tax Day, lawyer and tax expert Jason Holliday explains basic things real estate agents need to know about filing taxes as independent contractors. Continue reading →

Dollars and Sense: 3 tips that’ll make tax season a breeze

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In this recurring column, we host various contributing writers who share finance insights they’ve picked up throughout their careers to help agents and brokers stay financially fit. Here, Christy Murdock Edgar offers tips on how to get organized now an… Continue reading →

Charitable Giving Took a Hit Due to Tax Reform

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Charities feared that the 2017 tax law would lead to a drop in charitable giving by individuals. The chief reason: the doubling of the standard deduction (to $24,000 for married couples filing jointly) would mean it wouldn’t pay for many to itemize on … Continue reading →

Tax Tips for People 65+ and Family Caregivers

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If you’re trying to figure out how the Tax Cuts and Jobs Act, the sweeping tax law that took effect in 2018, has changed deductions for people 65 and older and family caregivers, you’re not alone. The 2019 tax season brings several changes that affect … Continue reading →

What to Talk to Your Tax Pro About Before 2019

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Outside of the annual spring ritual of filing tax returns, most Americans are not regularly thinking about their taxes. However, this year, there are several compelling reasons why taxpayers should be thinking about this subject ahead of peak season. W… Continue reading →

How the Tax Laws for Divorce Will Turn Upside Down in 2019

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Nobody ever said going through divorce is easy. Aside from the normal emotions of a broken relationship and family, there’s the paperwork, the attorneys, the courts and, of course, the money. As if dividing up assets wasn’t difficult enough, new tax ch… Continue reading →