Engelman Accountancy

Archive for August, 2009

A new vehicle could bring tax savings

Sunday, August 16th, 2009

If you’re thinking of buying a new car, truck, motorcycle, or motor home this year, you might benefit from a tax break included in the (more…)

Don’t let a scam spoil your vacation

Saturday, August 8th, 2009

Cruises top the list of dream vacation getaways for many families. Unfortunately, fraudsters and thieves view cruises in a different light. They’ll scam you with fake bookings before you even set foot on a ship, after you’re aboard, or (more…)

Mortgage debt relief: Answers to frequently asked questions

Saturday, August 1st, 2009

To compound the financial woes resulting from a foreclosure or other mortgage restructuring for your home, the IRS generally imposes tax when debt is cancelled. In other words, you’re taxed on the amount forgiven by the lender as if you (more…)

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