Michael Fitzsimmons CPA San Diego California

A U.S. person typically owns Mexican real estate near the coast or the border through a Mexican Land Trust (a.k.a., fideicomiso).   It w...

This final installment in the series on whether to claim depreciation on a rental property or home office clarifies the term depreciation re...

Continuing the discussion of whether to claim depreciation on a rental property or home office… The passive activity rules can suspend the ...

A recent court case illustrates the importance of automobile mileage logs. A self-employed salesperson did not keep a mileage log and inste...

Previous installments of this series discussed depreciation concepts for rental real estate property owners and taxpayers claiming the home ...

Many people know that the estate tax applies only to estates of several million dollars, but that doesn’t mean that an estate has no tax obl...

Cell phones are used all the time in business. What many people don’t know is that tax deductions for business use of cellular phones are n...