raleigh back taxes: Raleigh, NC CPA Firm: New Tax Law – Deduct Home Equity Loan Interest - 06/20/18 10:41 AM
The most recent changes to federal income tax law under the Tax Cuts and Jobs Act of 2017 (TCJA) have created a bit of confusion within the real estate investor community. A common point of confusion is whether or not the interest from a home equity loan can be deducted related to rental property. In general, the answer is – YES! Below is additional detail regarding the impact of the new tax laws on home equity loans or home equity lines of credit (HELOC).
Old Tax Law: Deducting Home Equity Interest
Under the old tax law, home equity loan or HELOC interest … (1 comments)

raleigh back taxes: Raleigh, NC CPA Firm: Remove Tax Lien From Credit Reports - 05/17/18 08:40 AM
Tax liens are required to be removed from credit reports issued by the three largest credit bureau agencies (i.e., TransUnion, Equifax, and Experian) effective April 16, 2018. This decision was reached by the credit bureaus due to concerns about the integrity of the data pulled from public records and the correct matching of such data to individuals’ credit reports. For example, a tax lien filed for a person with a common name, say Joe Smith, may show up incorrectly on the credit report for another Joe Smith in the same town or even another person with the same name halfway across … (3 comments)

raleigh back taxes: Raleigh, NC CPA Firm: How to File an IRS Offer in Compromise - 05/16/18 06:03 AM
Have a large tax debt that you’d like to settle with the IRS for pennies on the dollar through the Offer in Compromise program? Filing an Offer in Compromise allows taxpayers to make an offer to the IRS to settle the entire amount due for a lesser amount if they cannot afford to pay.
The main focus of my CPA practice is income tax representation for individuals. Many taxpayers who come into our Raleigh, NC office looking to settle their tax debts consult with us about the Offer in Compromise tax resolution option, also sometimes referred to as the “Fresh Start” program … (1 comments)

 
Lauren Massie, CPA, EA, MBA, CPA - Specializing in Tax Settlement in Raleigh NC (Lauren Massie, CPA PLLC) Rainmaker large

Lauren Massie, CPA, EA, MBA

CPA - Specializing in Tax Settlement in Raleigh NC

Raleigh, NC

More about me…

Lauren Massie, CPA PLLC

Address: 8480 Honeycutt Road, Suite 200, Raleigh, North Carolina, 27615

Office: 919-792-8511

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