"I ordered the guide 'the limited reprint rights' version for $11.95. I must say that it was the best $11.95 I have ever spent. There is a wealth of information in that guide, some I knew and some I didn’t. Hey, folks spend the $1.00 to look it over and see if it is something you can use. I guarantee you it will be worth your $1.00. I printed it out and put it in my Quickfinder binder to have as a reference for future tax seasons."

Susan Bure, PA NATP Newsletter

In my opinion the area of the Tax Code where proper documentation and strict adherence to the law has historically been perhaps the most overlooked (or actually ignored) is the deduction for mortgage interest.

Taxpayers are required to keep separate track of acquisition debt and home equity debt, to make sure that the deduction on Schedule A does not include interest on debt principal that exceed the statutory maximum.  I firmly believe that 99.5% of taxpayers do not do this.  I do not know of any taxpayer who does.  And I expect that the majority of tax preparers do not do this for their taxpayer clients.

The need to separately track acquisition and home equity debt is even more vital now that the GOP Tax Act has totally done away with the deduction for home equity interest.

I have created a guide for DEDUCTING MORTGAGE INTEREST, with forms and specific instructions for keeping separate track of mortgage debt, to give to clients.  I am offering reprint rights to this guide that you can personalize and give to your clients for only $14.95 ($11.25 for members of the National Association of Tax Professionals – provide your membership number with your order) , sent as a word document email attachment (the signed reprint rights agreement will be sent via postal mail).  The guide also discusses in detail who can deduct mortgage interest, refinancing and points.
If you want to see the guide before ordering reprint rights, I will send you a copy of the public version, as a pdf email attachment, for only $2.00, which can be deducted from the cost of the reprint edition if you decide to order.
Send your check or money order for $14.95 or $11.25 or $2.00, payable to TAXES AND ACCOUNTING, INC, and your email address to –

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