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Can A Property Owner Direct Rental Income To Be Assigned To Another Person?

Assignment of Income Doctrine

The “assignment of income” doctrine states that income is taxed to the one who earns it — a taxpayer cannot avoid tax by assigning his income to another party or entity. Gross income derived from property must be included in the income of the person who beneficially owns it. Assignment […]

By |2021-09-20T11:00:11-07:00June 17th, 2015|Articles|Comments Off on Can A Property Owner Direct Rental Income To Be Assigned To Another Person?

Tax Scam Alert

H&A-ScamAlertThere are a few scams making the rounds these days. Here are a few to keep an eye out for:

  1. The Internal Revenue Service warned taxpayers to be on the lookout for a new email phishing scam. In the scam, the taxpayer receives an […]
By |2021-09-20T11:00:11-07:00June 3rd, 2015|Articles|Comments Off on Tax Scam Alert
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