More Americans anticipate tax returns this year, due in part to the rise in American employment as a whole. But many taxpayers may still leave money unclaimed because of a limited knowledge about available tax deductions. Thus, I present you with the top five tax tips you may be unaware of.
Repaying the 2008 First-Time Homebuyer Tax Credit
by Amber Hunt on January 20, 2012 in Home Buying, Homeowners Tips, Taxes
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
by Clayton Closson on December 12, 2011 in Saving, Taxes
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.
The Basics of Tax Credits and Deductions
by Stephanie Koske on October 5, 2011 in Personal Finance, Taxes
Does the thought of paying taxes send a chill up your spine? Find out how you can benefit in April from tax credits and deductions!
Is your tax preparer qualified? 6 things you should know
by Guest Contributor on March 22, 2011 in Taxes
Sometimes it pays to get advice from a tax expert. But it’s important to be sure the tax preparer you chose is qualified! Find out what to look for.
Tax Tips for Homeowners: What You Need to Know to Make the Most of Your Tax Returns
by Victoria Araj on March 11, 2011 in Taxes
It’s that time of year! The time when you have to collect all of you paperwork and hand over that shoebox to your trusty tax advisor, or perhaps you are taking a stab at doing it yourself online. Either way, there are a few things you should know about when preparing for the approaching deadline.
Homeowner Income Tax Deductions
by Rebecca Carter on December 18, 2010 in Refinance Mortgage
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. [...]
Miss Out on the Homebuyer Tax Credit? You Can Still Deduct Mortgage Interest
by Guest Contributor on July 23, 2010 in Mortgage Rates
Don’t fret if you missed out on the tax credit – as a homeowner you still have tax incentives to look forward to. Learn about the tax benefits of homeownership from today’s special Guest Contributor.
Tax Tips for Homeowners – now in pictures!
by Rebecca Carter on April 8, 2009 in Personal Finance, Taxes
Well, it’s tax time! And the deadline is looming. Here’s a question for you: Are you getting all the tax deductions you deserve!? We want [...]
Top Homeowner Income Tax Deductions
by Clayton Closson on March 20, 2009 in Market Update
Each year more than a million Americans overpay their taxes by an estimated $945 million dollars. This list should help get that number down to something a little more reasonable.
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