Should You File for an Extension on Your 2020 Tax Return?Mar 12,2021March 12, 2021By Ferguson, Timar & CompanyIn Accounting, Finance, Tax Planning Each year, millions of taxpayers elect to apply for an automatic extension of their time to file income tax returns...
Tax Accounting for Rental Property Owners in 2021Feb 05,2021February 5, 2021By Ferguson, Timar & CompanyIn Accounting The pandemic has been especially challenging for owners of rental properties. The unpredictable job market has impacted the income of...
The Pros and Cons of the Home Office DeductionDec 15,2020December 15, 2020By Ferguson, Timar & CompanyIn Accounting, Finance With so many people working from home during the pandemic, the home office deduction has become a hot topic in...
How Does the Medical Expense Deduction Work?Sep 11,2020October 5, 2020By Ferguson, Timar & CompanyIn Accounting For anyone who lacks comprehensive medical insurance, a serious injury or illness can become a serious financial burden. For those...
Tips for 2019 Tax Returns During the Coronavirus CrisisApr 08,2020April 8, 2020By Ferguson, Timar & CompanyIn Accounting, Bookkeeping, Tax Planning The coronavirus pandemic has much of life into a kind of stasis. When Treasury Secretary Mnuchin announced an extension of...
