The following information is to help you understand the issues and resources involved.  The material is intended for general information purposes only and should not be interpreted as a specific warranty by Mobley & Company, a Georgia Partnership of Professional Corporations, Certified Public Accountants, Atlanta, Georgia. Here are a few tax tips to provide you with some real money saving strategies: Economic Growth and Tax Relief Reconciliation Act of 2001 Tax Collection Survival Home Office Deduction Liberalized S Corporations - Loss Deductions and Basis C Corporations - Capital Gains and Losses One of the Best Kept Secrets- Section 1031: This section of the Internal Revenue Code is often overlooked by most professionals and the general public. Nonetheless, this section provides that if you sell a piece of business or investment property and purchase a similar piece of property to replace it within 180 days, then with proper tax planning it is possible to defer your unrealized capital gains.