Vacation Rental in St Petersburg Florida

Do You Own a Vacation Rental Home with Limited Personal Use?

Vacation properties are subject to different federal income tax rules depending on how much personal and rental use they have during the year. Now is a good time to plan how to use your vacation property for the rest of this year with tax savings in mind. Tax Rules for Vacation...
Transportation Fringe Benefits in St Petersburg Florida

Save Taxes with Employer-Provided Transportation Fringe Benefits

The Internal Revenue Code allows some worthwhile tax breaks for transportation-related employee fringe benefits. They’re intended to persuade you to give up your gas-guzzling vehicle when commuting to work and instead “go green.” If your employer offers these...