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With 23 years of experience as an H&R Block tax pro, Angie enjoys working with clients to get the most from their taxes and reach their tax-related financial goals. Like all H&R Block tax pros, Angie stays sharp with an average of 32+ hours of training per year and is genuinely committed to getting you every dollar you deserve. Angie specializes in block advisors small business certified, rental income, farming income and more.
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Proprietorships, C corps, and S corps all file yearly taxes, but the forms used to file depend on the way the business is set up.
Rental income is taxed at standard income tax rates, but you can also deduct the costs of buying and improving a rental property.
This is affected by sales of crops and livestock, rental income from land, and farm equipment depreciation.
Members of the U.S. Armed Forces have special tax situations and benefits based on things like disability status and combat service.