Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...
The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 of your loan/debt if you're single or married filing jointly, or $375,000 if ...
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for ...
Property taxes — in jurisdictions where they are collected — often fund many of the services and infrastructure where you live. And they can be an income tax deduction, along with other state ...
Lawmakers in Indianapolis are working on a bill to reform property taxes. While the legislature tries to come up with an answer that will provide property tax relief, local officials are encouraging ...
The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...
Remember, you don't need to itemize deductions to claim tax credits. Local and state real estate taxes, more commonly called property taxes, can be deducted from your taxes, but at a far lower ...
Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.
Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...
SAN ANTONIO - A new state Senate bill has been introduced in Texas to provide expanded property tax relief for disabled ...