We’ll provide insights into the best practices for reporting the sale of business property and a comprehensive guide on completing Form 4797

If you missed the tax deadline, you might be facing penalties from the IRS. However, don't panic, there are still options.

Real Estate Professional Status (REPS) is a tax status allowing real estate investors to deduct rental real estate losses.

Understanding the difference between repairs and improvements is essential to maximizing your investment returns..

Taking advantage of every tax deduction available is important for a business. One deduction is the cost of using a vehicle for business.