Category: Tax Deductions
How Much is Capital Gains on Home Sale? A capital gain is the profit that you make when you sell an asset for more than you paid for it. …
For most married couples, filing jointly is the most tax-friendly way to go—and with the Standard Deduction option, you can maximize your tax deductions and reduction of your tax …
Have you been paying monthly private mortgage insurance (PMI) because your down payment for your home was under 20%? You can get a refund back by claiming the PMI …
When you file your taxes, there are a number of different options for filing. One way is to file as head of household. But what does that mean? How …
Tax season is almost here, and it’s time to talk about itemized deductions. We’ll explain what they are, why you might want to take them, and how they’ve changed …
As a homeowner, you might be asking yourself, are home improvements a tax deduction? The answer could be yes or no. Either way, you will need to track your …
Are you eligible for one of the most overlooked yet valuable tax savings for seniors over 65? We’re talking about the standard deduction, of course! But with the IRS …
Are New Windows Tax Deductible? Yes, home improvements such as new replacement vinyl or wood windows are a popular way for taxpayers to claim a tax deduction and upgrade …
