Very valuable article the other day in The Detroit News about the importance of choosing a good income tax preparer. Or, should I say, the importance of NOT choosing a bad one.
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Tag Archives: Income Tax
Repaying the 2008 First-Time Homebuyer Tax Credit
Did you take advantage of the first-time home buyer tax credit in 2008? If so, you have to pay it back. I wish I was lying, but like George Washington, I can’t tell a lie. Also like George Washington, I have wooden teeth. But all the wooden teeth in the world can’t get me out of paying back this interest-free loan. If you’re in the same boat, read up on the details of this credit and the repayment requirements.
End of the Year Tax Tips: 8 Tips to Help You Save
Great article in the Detroit News today that we wanted to share here with our readers. It’s about taking advantage of any tax deductions you might be eligible for by the end of the year.
Deducting Private Mortgage Insurance from your Taxes
You may know by now that you can deduct mortgage insurance on your tax returns. But did you know that if you closed on a loan after Jan. 1, 2007, you might also be eligible to deduct private mortgage insurance?
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