Roth IRA for Kids: Rules and Contributions
Most people realize that a ROTH IRA is a good investment that allows retirement funds to grow tax-free. You can withdraw these funds tax-free in retirement. But what most people […]
Author: Miguel Alexander Centeno
- About Miguel Alexander Centeno
- Miguel Alexander Centeno is an author, speaker, and tax leader at Shared Economy Tax. A former Big 4 tax manager, he represents taxpayers in all matters before the IRS, including the U.S. Tax Court. He has been quoted in the Wall Street Journal, Fox Business, and MSNBC on tax related articles and has testified before the U.S. House of Representatives as a part of hearings for the Tax Cuts and Jobs Act. A father of three, Miguel is an avid acoustic guitar player, gravel cyclist and once-a-week yogi.
Posts by Miguel Alexander Centeno
UTMA Account Rules: Taxes on Investment Accounts for Minors
Starting an investment account for a child can give them a head-start in life, but when choosing the right account type, you need to consider your goals and the child’s […]
Michael Tripp’s WSJ (Wall Street Journal) Feature
Summer is a time when many teens and students seek a part-time or full-time temporary job. The shared economy is full of opportunities, some of which even allow them […]
EV Tax Credit 2022 Updates
Indeed, electric vehicles (EVs) are becoming quite popular with those who can afford them, that is. Not only are they quiet, but they emit no carbon dioxide as they run. […]
Are Pre-Settlement Legal Funds Subject to Taxation?
Pre-settlement legal funds can be lifesaving in case of a personal accident. Lawsuits that follow such accidents sometimes take too long to complete. This makes it difficult for one to […]
Can Hosts Claim Airbnb Experience Tax Deductions?
Airbnb Experiences can provide hosts with a lucrative supplement to their rental earnings. Some resourceful entrepreneurs even use them to generate revenue despite not having property to rent. However, can […]
What Are the Best Mortgage Tax Deductions for Airbnb Hosts?
Mortgage tax deductions are one of the most lucrative write-offs available for Airbnb hosts. Today, we’ll show you how you can calculate and claim the valuable mortgage tax deduction. Mortgage […]
1099 NEC vs MISC: Key Differences and Uses
Modern businesses are increasingly relying on independent contractors to fill jobs and essential roles, and 1099 Forms are becoming more and more common on tax returns. However, determining the right […]
S-Corps for Real Estate: Not a Good Option for Airbnb Hosts
Real estate can be a great investment, but it also comes with some risks. Along with the financial risks of rental property, owning real estate may open you up to […]
Is HELOC Interest Tax Deductible?
Owning a home comes with many tax benefits, but knowing what is tax-deductible can be a little tricky. It gets even more complicated when you have a mixed- or dual-use […]