O'Neal's Tax Service

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Tax-Free Rental of Your Property Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

Understand contemporaneous or pay the price. An IRS term with meaning.

Understanding Tax Terms: Contemporaneous Records - What you need to know The Internal Revenue Service has a vocabulary of their own. One of the more important is their use of the word "contemporaneous". What does it mean, and why should you care?

The IRS increased the standard business mileage rates for 2026. Here are the details.

2026 Mileage Rates are Here! - New mileage rates announced by the IRS Here are the standard mileage rates for 2026.