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Tag Archives: Income Tax Deduction
Beware a Bad Income Tax Preparer – It Will Cost You Dearly!

Beware a Bad Income Tax Preparer – It Will Cost You Dearly!

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.

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?

Minimum Credit Card Payments on the Rise

Credit card companies are going to increase the minimum payments charged to their consumers very soon, if they haven't already. Find out how this could affect your pocketbook and what you can do about it.

Get a Home Equity Credit Card

Don't use your credit card for big purchases. Use your home's equity–it's a smarter way to finance big-ticket items and has many advantages. Find out what those advantages are and why it's better to tap into your home's equity rather than using a credit card.

Mortgage Q&A – Refinancing A 30-Year Fixed-Rate Mortgage

A couple currently has a 30-year mortgage at a good interest rate. They are wondering what the advantages and disadvantages of refinancing to an interest-only mortgage would be. Find out how managing your mortgage can help you meet your financial goals.

Five Tax Season Tips for Homeowners

As tax season approaches, many Americans scramble to find additional tax deductions. Homeowners have several often overlooked deductions they may be able to take advantage of. Find out how to maximize your deduction with these 5 tax tips.