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To Yard Sale or Not Yard Sale That is the Question

So you finally creek open that basement door that’s been hiding your lost treasures. You know those wonderful pair of pants you were dying to have, but haven’t found the right occasion to wear them. Or the very strange shirt your wife bought you that came with the attached tie. No matter what’s hiding behind that door you most likely want to get rid of it. I’m sure you’re thinking yard sale. Just throw everything on the lawn and rake in the cash, but what if there’s a better option. [Read More...]

Wedding Tax Deductions You May Be Eligible For

Tis’ the season for weddings. 30% of all U.S. Weddings take place between May and August. Just tied the knot? Congratulations! We may not have the fancy wrapped 4-slice-toaster you’ve always dreamed of, but we have the best gift all—tax tips! After spending at least 20,000 on your wedding, it wouldn’t hurt to find ways to save. Here are some great tax deductions you may be eligible for. [Read More...] Dale Jr. Ride Along Sweepstakes Winner

Congratulations to the Dale Jr. Ride Along Sweepstakes Winner, Samantha Kirby! The Dale Jr Ride Along Prize Package Includes: A three lap Ride Along with Dale Jr. at the Charlotte Motor Speedway on October 14, 2013; Tickets for One Winner and a guest to the Nationwide Series and Sprint Cup Races in Charlotte on October 11-12, 2013; and A Track Tour of the Charlotte Motor Speedway, and a meet and greet/question &answer session with Dale Jr.
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Home Office Tax Deduction Has A New Simplified Option

Whether you are self-employed or an employee, if you use a portion of your home for business, claiming the home office deduction is now easier. Beginning in tax year 2013, taxpayers may use a simplified option when determining the deduction for business use of their home. It is important to note that this simplified option does not change the criteria for who may claim a home office deduction. It merely simplifies the calculation and recordkeeping requirements of the allowable deduction. [Read More...]
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