Home | Business News | Browse by Publication | C | California CPA

Home mortgage interest deduction.

Publication: California CPA
Publication Date: 01-JAN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
According to the FTB, audits of tax returns with large home mortgage interest deductions indicate that many taxpayers and tax practitioners are not complying with the rules regarding debt limitations on the deductibility of home mortgage interest.

Home mortgage interest deduction is governed under IRC Sec. 163.

To fully...



More articles from California CPA
CalCPA member discounts on CCH Tax Guidebooks., January 01, 2009
Taxing times: tax aspects of foreclosures and 'short sales'., January 01, 2009
Changes ... again: putting tax return preparer penalties in perspectiv..., January 01, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.