Married filing separately is not the same thing as filing as single.
Since it's a holiday week, I'm re-posting popular stories from the past. This one, from 2012, talks about adjunct professors and mileage deductions.
It's a holiday week so I'm re-publishing popular blog posts from the past. This post from 2015 talks about dealing with franchise fees. ----- Originally published February 16, 2015 Scenario: client is a sole proprietor. They enter into a small ($5,000), 5-year franchise agreement. The client is paying the $5,000 over a 24-month period. The client [...]
From the Archives: You Can’t Rent Out the Dream Home, But What if You Could? Part 5 of the HGTV Series
This is part 5 out of 6 disjointed, strange posts in 2012 about what would happen (tax-wise) if someone won the HGTV "Dream Home." As you'll see when you read it, it was hard to follow, but it remains popular almost 6 years later.