realtors: How to Maximize Your 2020 Auto Deduction - 01/19/21 07:48 AM
I prepare hundreds of Realtor tax returns every tax season. Historically, over 70% of them take the Standard IRS Mileage Rate because it’s the quick and easy way to claim auto expense.
But is it the best way?
Standard Mileage Rate Method
Let’s say you claim 10,000 business miles this year. (You probably drive more. In fact AAA  statistics prove you drive more, but 10,000 is an easy number to work with for illustration purposes.)
Take the 2020 IRS standard mileage rate of 57.5 cents per mile, times 10,000 business miles, and even your second-grader can easily calculate the $5,750 tax deduction.
That’s great for the … (2 comments)

realtors: Realtors New Years Resolutions 2021 - 12/30/20 07:50 AM
Let's do this different than last year
Last year I did a blog post in which I offered “Five News Years Resolutions Every Realtor Should Make”.
Another year older, and another year wiser, this year I want to take a different track.
Why? Because resolutions are deeply personal. Otherwise they have no meaning, ignite no passion. They have to be truly yours.
I could post the five best resolutions in the history of the world, but if they don't come from a desire deep within your own heart, well... what good are they?
Instead, this year I offer five inspiring ideas to help propel you … (2 comments)

Jim Flauaus, Your Tax Problem Solver (Anchor Tax Relief LLC)

Jim Flauaus

Your Tax Problem Solver

Chesapeake, VA

More about me…

Anchor Tax Relief LLC

Address: 1228 Progressive Drive, Suite 202, Chesapeake, Virginia, 23320

Office: 757-312-0098

Email Me




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