In this new series, GSCPA puts Art Auerbach and Anson Asbury in front of the camera to discuss the latest tax trends and hot topics to help you assist your clients. In this episode, home mortgage interest deductions will be discussed. The home mortgage interest deduction affects many of our clients. Art and Anson discuss some difficult questions raised by the courts about the treatment of this deduction when two unmarried people both claim the deduction on the same property. What questions should you ask when (if) you get back a client organizer with a home mortgage interest statement that isn't in the name of your client or isn't the address on last year's return.
August 03, 2016
Georgia Society of CPAs
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