Converting Your Home to a Rental Property: What You Need to Know about Taxes

Many homeowners have considered becoming a landlord. It’s an attractive option if your local real estate market is surging and rental rates are strong, especially if you’re already thinking about relocation or downsizing from your current home. In a perfect world, you’ll be able to shelter most or all of your rental income with tax […]

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Crippen Cares™ Non-Profit Spotlight: Marion Therapeutic Riding Association

We here at Crippen are looking to make 2017 a record year for giving back to our communities. We will be holding monthly intraoffice fundraisers to benefit 12 different charities this year through our new Crippen Cares™ initiative. Our nonprofit spotlight is on this month’s fundraiser recipient, Marion Therapeutic Riding Association (MTRA).MTRA provides therapeutic horseback riding […]

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PAL Rulings & Rental Properties: Tax Court Rulings that can Affect Your Property

Real estate owners who rent their properties often incur tax losses due to depreciation write-offs and other allowable deductions, but the ability to deduct those losses might be postponed indefinitely by changes to PAL rules. In general, these rules limit deductions for rental property PALs to the amount of income that you have from other […]

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Passive Activity Loss: How Recent Changes Can Affect You

Are you a passive investor in a business or rental activity? You aren’t involved directly in day-to-day operations of the project, but are still invested in its success. In general, it is a little easier to determine if you would be identified as a “passive” or “nonpassive” investor since the IRS has prescribed seven tests to […]

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Crippen Cares™ Non-Profit Spotlight: The Genesis 7 Project

We here at Crippen are looking to make 2017 a record-year for giving back to our communities. We will be holding monthly intraoffice fundraisers to benefit 12 different charities this year through our new Crippen Cares™ initiative. Our nonprofit spotlight is on this month’s fundraiser recipient, The Genesis 7 Project​.The Genesis 7 Project, or #TG7P as […]

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10 Easy Ways to Make Tax Planning Fun this Summer

It’s already starting to feel like summer here in Florida, but the forecast for Washington, D.C. remains unclear as officials continue to discuss various tax-related issues. No matter what happens, don’t get stuck in a holding pattern yourself. You’ll find it’s worthwhile to give some attention to business and personal tax planning this summer. Here […]

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Outsourcing Accounting, Bookkeeping, and Payroll: Is it Worth it?

You may think your company saves money by handling bookkeeping, accounting, and payroll services in-house, but many businesses find that’s not the case. Running a small business requires expertise and a level of commitment that only you can bring to the table. As you’ve probably discovered though, there is a ton of (boring but) necessary […]

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Crippen Cares™ Non-Profit Spotlight: Cameras With A Cause

We here at Crippen are looking to make 2017 a record-year for giving back to our communities. We will be holding monthly intraoffice fundraisers to benefit 12 different charities this year through our new Crippen Cares™ initiative. Our nonprofit spotlight is on this month’s fundraiser recipient, Cameras With A Cause. Cameras With A Cause is a […]

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Crippen Cares™ Non-Profit Spotlight: Arnette House, Inc.

We here at Crippen are looking to make 2017 a record-year for giving back to our communities. We will be holding monthly intraoffice fundraisers to benefit 12 different charities this year through our new Crippen Cares™ initiative. Our nonprofit spotlight is on this month’s fundraiser recipient, Arnette House, Inc. Arnette House provides programs and services […]

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Crippen Cares™ Non-Profit Spotlight: Kimberly’s Center for Child Protection

This is the third installment of a year-long series. We here at Crippen & Co. are looking to make 2017 a record-year for giving back to our communities. We will be holding monthly intraoffice fundraisers to benefit 12 different charities this year through our new Crippen Cares™ initiative. Our nonprofit spotlight is on this month’s fundraiser […]

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