Parnes, Velano, Martinez & Co., CPAs-Certified Public Accountants

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IRS Liberalizes Home Sale Gain Recognition Rules The IRS recently issued new regulations that affect home owners in a number of ways.

Claiming a Dependent Parent Exemption Generally, you can claim a dependency exemption for your parent only if you provide more than half of his or her support for the year.

Save Taxes with Home Equity Loans Home equity loans can offer a number of tax-saving opportunities as long as you follow the rules.