If your retirement is decades away or just around or you already have the dream, you can now do some simple things to reduce taxes.Taxes In Retirement? Yes and yes Part of social security...
Posted by Debi G Hill, CPA on 10/01/2019
The points you paid for when you signed a mortgage to buy your home can help you reduce your federal tax bill. With scores, sometimes referred to as loan origination points or discount...
Posted by Elliot Kravitz, ATP on 09/30/2019
Rather than handing over their hard-earned cash to the government, American wage earners are given a chance to pocket more income through itemizes tax deductions. Deductions have long...
If you have availed a home loan, you are entitled to claim an Income Tax deduction called a home mortgage point. The deduction will be the equivalent of one percent of the loan amount....
Posted by Valderas Financial Solutions LLC on 09/26/2019
Form 1098 is a form you are required to file with the Internal Revenue Service (IRS) that explains the measure of interest and related costs paid on a mortgage in a tax year. These...
Posted by LLOYD J CAZES CPA on 08/26/2019
A lot of people have always dreaded tax fillings and everything that has to do with tax, but when the new tax cuts and jobs act otherwise known as TCJA was eventually passed into law,...
Posted by Debi G Hill, CPA on 05/29/2019
If you haven’t thought about hiring an Accountant to help prepare your taxes before, you may now have to consider doing it now. It’s important for you to be prepared for...
Posted by Elliot Kravitz, ATP on 04/17/2019
Every year, millions of homeowners pay more taxes on their rent than they have to pay. Why? It is because they do not take advantage of all the tax deductions available for homeowners...
Posted by rinehimerbaker on 04/09/2019
No tax declaration further confuses taxpayers than filing for the head of household. When you heard the term, what do you think? Nonetheless, it's not so simple. Many rules come...
Posted by KAB Bookkeeping and Tax Service on 02/18/2019