Demetrius J. Karos, Ltd. Tax Representation From A Former IRS Employee

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August 2016 Archives

Home Energy Tax Credits

Home repairs can be draining on your pocket book. However, some repairs help the environment and save you money on energy costs. As an incentive, the government is offering various credits to ease the pain of making these changes to your home.

Trying to Turn that Hobby into a Business?

Some taxpayers have a hobby or craft that could be a money maker. This could be almost any type of activity whereby you charge a fee or sell a product. The mere fact that you call something a business, does not mean that the IRS cannot disallow losses or expenses related to your business or hobby.

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