Tax preparation services Houston

Tax-Saving Benefits of Hiring Your Child

Tax-Saving Benefits of Hiring Your Child 

If you own a business, hiring your child or grandchild could be a great way to teach them valuable work skills and save thousands on taxes.  

Let me tell you why

Airbnb tax, rental home tax,  S corp tax,

Unlocking Tax Savings: How Rental House Owners Can Benefit from the $25,000 Special Allowance

If you are a rental house owner, you may be able to deduct up to $25,000 of losses from your rental real estate activity from your nonpassive income. 

employee retention credit, ERC, COVID-19 relief

Maximizing Tax Benefits for Small Business Owners and Rental Home Owners with the Augusta Rule

If you're a golf enthusiast, you've likely heard of the Masters golf tournament, which takes place annually in Augusta, Georgia. During the tournament, many residents of Augusta rent out their homes to visitors as a way to earn extra income. But did you know that the IRS has specific rules about renting out your home?

employee retention credit, ERC, COVID-19 relief

What expenses can I deduct for rental properties?

Understanding rental expenses is crucial for landlords. These expenses can be deducted from your rental income and include costs like insurance, taxes, maintenance, and interest.

Houston CPA tax , acounting
Arnold CPA is a full-service
accounting firm in Houston, Texas.
License no. C10791
Email: info@arnold-cpa.com
Phone: 281-947-2082