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Wow! Made it through another tax filing season!! It’s time now to record any current or upcoming changes
- Thinking of purchasing your first home? Your first home may be a house, condominium, co-operative apartment, mobile home, houseboat or house trailer. Don’t miss out on tax deductions or credits. See Pub 530 “Tax Information for First-Time Homeowners"
- Thinking of starting your own business? See Insert D for information that must be recorded and make note of Insert 16 if this is to be a home-based business. Helpful Hint: Any costs associated with start up, research or travel are tax deductible if incurred to start the new business
- Have you or are you contemplating the purchase of a new vehicle? If so, be sure to record any transaction on Insert 13. Also, keep any transaction receipts in Sleeve 13. Helpful Hint: Record the odometer reading
Be sure to update Insert A often!
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