Denise Kemp+FollowHow to Double Dip on Rental Reno Tax BreaksEver gutted a rental and tossed out the old kitchen or roof? Here’s a money hack: you can write off the value of the stuff you rip out, not just the shiny new upgrades. It’s called Partial Asset Disposition (PAD), and if you do a Cost Segregation Study before and after your remodel, you could double your tax deductions. Most landlords skip this and leave serious cash on the table. Next time you renovate, snap pics and keep receipts—you’ll thank yourself at tax time! #RealEstateHacks #TaxTips #RentalProperty #MoneyMoves #LandlordLife #RealEstate00Share
Joseph Livingston+FollowWhy Your Paycheck Needs a Quick Tax CheckHeads up: The IRS says now’s the perfect time to double-check how much tax is coming out of your paycheck. Think of it like adjusting your coffee order—get it right now, and you won’t get a bitter surprise next tax season. If you’ve had a life change (new job, baby, or side hustle), it’s even more important. Use the IRS’s free online tool to see if you’re on track. A few minutes now could save you from a big bill or missing out on extra cash later! #TaxTips #MoneyHacks #Paycheck #IRS #PersonalFinance #Finance241Share
James Cook+FollowHow I Lost $15K Paying Mom’s TaxesEver tried to help your parents and ended up in a mess? One woman paid $15,000 to a local tax service to settle her 93-year-old mom’s IRS bill—only to find out the IRS never got a dime. Turns out, the tax company took her cash (via Zelle and Cash App!), then ghosted her. Lesson: Always double-check who you’re paying, and stick to official payment methods. Don’t let your good deed turn into a money pit! #MoneyMistakes #TaxTips #FamilyFinance #ScamAlert #Finance123Share
Christine Baxter+FollowIs Your Tax Bill About to Surprise You?Heads up, homeowners: your next tax bill could be a lot bigger, and most people have no idea it’s coming. The 2017 tax cuts are set to expire soon, which means you might lose out on some sweet deductions—like mortgage interest and bigger child tax credits. If you live in a high-tax state, you could get hit even harder. Now’s the time to check with a tax pro so you’re not caught off guard when the bill comes due! #HomeownerHacks #TaxTips #MoneyMatters #RealEstate #Finance30Share
nkent+FollowNeed More Time to File Taxes? Here's Help!Feeling the tax season crunch? 📅 Don’t worry, there's a rescue plan if you can’t hit the April 15 deadline. You can easily snag a six-month extension with IRS Form 4868—and breathe easy until October 15. Just remember, this extension only covers filing, not paying! Make sure to estimate and pay what you owe by April 18 to dodge penalties. If you're in financial trouble, the IRS might work with you on payments. Check out their website for more deets or consult with a tax expert! #TaxSeason #TaxTips #IRS #TaxExtension #FinancialPlanning #Finance80Share
Emily Rogers+FollowStudent Loans & Taxes: What You Need to KnowAre you juggling student loans? Potential changes could affect your tax situation! From loan forgiveness taxation to shifts in repayment plans, staying informed is key. Consult a tax pro and keep up with policy updates to make smart decisions for your future financial health. 📚💰 #StudentLoans #TaxTips #StayInformed41Share
Robyn Anderson+FollowRetiree Tax Hacks for 2025: More Money, Less StressHeads up if you’re 65 or older: 2025 is bringing some tax changes that could leave more cash in your pocket. There’s a new $6,000 bonus deduction just for seniors, a bigger standard deduction, and a much higher cap on state and local tax write-offs. Plus, there’s talk of scrapping capital gains taxes when you sell your home. If you’re planning to downsize or just want to keep more of your retirement money, these updates are worth a look! #Business #MakeMoney #TaxTips30Share
tranrobert+FollowWant to save on capital gains tax when selling your home?Selling a house can be exciting, but the taxes can sting—especially if you don’t plan ahead. Did you know that if you sell your home within a year, your capital gains tax will be much higher? But don’t worry! If you’ve lived in your home for at least two years, you could qualify for up to $500K in tax exclusions (for married couples). And if you’ve owned it for over a year, the tax rate drops significantly! Be smart, plan ahead, and time your sale to keep more of your profits. #TaxTips #HomeSelling #RealEstateSavings4613Share
