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DMLO News
DMLO offers 'portal' for clients
Email is the preferred form of contact for so many of us these days. Yet it is somewhat less reliable than we want to believe. Portals offer a dependable solution for sharing information, and DMLO offers that option through our web site. To read more, click on "Full Article."
Is This Your Situation — Want to Write Off Real Estate Losses?
You’ve invested in real estate and suffered some losses. Now you want to use those losses to offset highly-taxed income, such as salary and dividends. Click Full Article to see how it’s done.
You depreciate income producing property through annual tax deductions to recover your company's cost. But you may be able to separate some components of large assets and get faster write-offs. Here's an example of a company that got approval from the IRS to write off part of an asset in only five years, even though the rest had to be depreciated over 15 years.
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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