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Tag Archives: Income Tax Deductions
Great Ways to Spend Your Income Tax Refund (Infographic)

Great Ways to Spend Your Income Tax Refund (Infographic)

Great infographic from our friends over at MintLife. Frankly, I love it. It guides you through a flow chart (Joel said it was a decision matrix, but I’m old so I’ll go with flow chart) which asks a series of questions and then lands you on the perfect way to spend your tax refund.

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.

Homeowner Income Tax Deductions

Homeownership comes with a lot of advantages, especially when it comes to tax time. Make sure you’re not missing out on important home-related tax deductions. [...]

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?

Three Important Tax Deductions for Homeowners

It's tax time and April 17th is almost around the corner. If you own your home, you need to be sure you're not missing out on important tax deductions related to homeownership. As always, please consult your tax advisor.

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.

Renting vs. Buying: Which Is Right for You?

When deciding whether you should rent or buy a home, there are several things you need to consider. Find out what the advantages and disadvantages are to renting vs. buying and see which makes the most financial sense for you.

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.