If you’re a resident or business owner in Los Angeles County affected by the recent wildfires, relief is on the way when it comes to tax deadlines. Thanks to various emergency tax deferrals, you have additional time to file your taxes without facing penalties or interest. Here’s a breakdown of the key tax deferrals available […]
Individual Tax
Augusta Rule: A Tax Benefit for Homeowners
Homeowners have the opportunity to take advantage of a unique tax benefit, commonly referred to as the Augusta Rule. Officially known as Section 280A(g) of the Internal Revenue Code, this provision allows homeowners to rent out their primary residence or a second home for up to 14 days per year without having to report the […]