If you’re thinking of buying rental real estate while home prices are low, you’ll want to be aware of passive activity loss rules. (more…)
Posts Tagged ‘modified adjusted gross income’
Tax Tip Tueday! Don’t Forget The Adoption Credit
In the avalanche of information about the tax laws that were extended last December, you may have forgotten a benefit amended earlier in the year. (more…)
The Big 2010 Question: To Roth or Not?
For the first time ever, high-income taxpayers are eligible to convert a traditional IRA to a Roth IRA. Prior to 2010, you could not convert to a Roth in a year in which your modified adjusted gross income exceeded $100,000. (more…)
