Tag: tax

Understanding the Home Office Tax Deduction

If you run your business from home, you should know the IRS rules for claiming the home office tax deduction. Taking the deduction is a great way to save on your taxes, but you must follow these qualifying rules to avoid an audit. Who qualifies for a tax deduction? If you are a W-2 employee… Read more »

How to Protest Your Property Tax Appraisal

If you received an unusually high property tax bill, don’t be afraid to fight back. Here’s how to effectively question your tax appraisal and file an appeal. Taxing authorities have two ways to boost tax revenue. One is to raise the tax rates. Typically, several local entities each has its own tax rate, which is… Read more »