#BeMore with Green Hasson Janks
Jennie Tieu, CPA, joined Green Hasson Janks in 2004 and has 15 years of experience in public accounting providing tax services to partnerships, limited liability companies, corporations and high-net-worth individuals. Her experience includes like-kind exchange transactions, multi-state tax compliance and representing clients before federal and state taxing authorities.
She earned her Bachelor’s degree in accounting and Master’s degree in Taxation from California State University, Northridge and has her CPA license from California Board of Accountancy.
Most taxpayers are aware that the mortgage interest deduction is limited to $1 million of acquisition indebtedness and $100,000 of home equity indebtedness on a qualified residence. These limitations apply to a single taxpayer or married taxpayers who jointly file their tax return. In the case of a married couple filing separately, the limitations are $500,000 of acquisition debt and $50,000 of home equity debt for each spouse. Taxpayers Bruce Voss and Charles Sophy, who were not married to each […]