Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that understands your business, that works in all 50 states and is there for you when you need him?
"I am a small business owner operating an equipment distribution business. I feel fortunate to have known Jerry personally and professionally for over 22 years. Jerry was tempted to walk away when he first saw the mess I had created in growing a small business, but he showed patience and persistence in getting our operation organized. Jerry has advised and assisted me with organizing our accounting system, business and personal planning, real estate acquisition, major supplier negotiations, credit facilities and tax returns. His current with knowledge of tax laws and requirements is reassuring. I would have to characterize Jerry’s approach to accounting and tax returns as very conservative. In short, I have known Jerry through good times and bad and he has proven to be a very valuable recourse to the company and myself. If anyone has any questions. I would be happy to elaborate further".
Will Morgan, WRM Inc

Ten Tax Tips for Individuals Selling Their Home

Originally Posted By the IRS

If you’re selling your main home this summer or sometime this year, the IRS has some helpful tips for you. Even if you make a profit from the sale of your home, you may not have to report it as income.

Here are 10 tips from the IRS to keep in mind when selling your home.

1. If you sell your home at a gain, you may be able to exclude part or all of the profit from your income. This rule generally applies if you’ve owned and used the property as your main home for at least two out of the five years before the date of sale.

FHA is Changing the Waiting Period for a Borrower

By Mike Goodwin

Borrowers who have had a bankruptcy, foreclosure, short sale or deed in lieu. Read the below information to give you a heads up on what they are requiring. Below is a mini version of the requirements.

Real Estate and ID Theft Renter Beware

Is it possible to reduce your risk?

The summer months and an improving housing market bring about increases in home buying and selling. Such transacations can bring about an increased risk of identity theft.

Kroll’s Investigators share tips on reducing your risk of becoming a victim of identity theft while buying a home, selling a home and/or moving to a new or new-to-you home.

click HERE to learn more

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