New Tax Goodies – Updated

A very observant reader spotted an error in my last post on the new tax goodies.  In the reporting section for real estate rentals, the form 1099 reporting is for services provided to the real estate investor for items such as repairs, accounting, etc.  The payer of the rents was already required to report this information.

I enjoyed getting your feedback and appreciate bringing to my attention any errors that I write from time to time.