Even though many Americans do not like sending a vast proportion of their hard-earned money to Uncle Sam, many look forward to their tax refunds. Tax refunds can save you a lot of...
Posted by McCool's Tax Service on 02/12/2021
In filing your federal tax return, you can decide to go through the itemized deduction channel or standard deduction method. Standard deduction involves some values defined by Uncle...
Posted by Stevenson Tax and Accounting, Inc. on 02/11/2021
The 2017 TCJA amended many rules relating to mortgage deductions and refinancing. Understanding the new tax laws can help you reduce your tax burden after refinancing. We'll discuss...
Posted by Unifirst Financial & Tax Consultants on 02/04/2021
The First-Time Home Buyers Tax Credit was introduced during the 2008 financial crisis to make home shopping more affordable for Americans. While there are many other mortgage and loan...
Posted by Schneiderman and Friedman on 01/31/2021
What is a mortgage interest deduction?Buying a home is a proven way to build wealth; you will accumulate equity as you pay off the loan, and the home's value increases.But there...
Posted by International Tax Consultants, LLC on 01/20/2021
Everyone dreams of owning a home, especially if they’ve got a family. This explains why a mortgage is the most significant financial transaction most people undergo in their...
Posted by Income Taxes and Bookkeeping LLC on 01/20/2021
Similar to collateralized mortgage obligations, REMICS brings together a series of individual mortgage pools using maturity and risks, which issues securities and other bonds to investors. The...
Posted by Unifirst Financial & Tax Consultants on 01/06/2021
If you are contemplating going with a reverse mortgage or HECM loan, it is imperative to research this unique retirement option's financial impact. A reverse mortgage allows you...
Posted by Flynn Financial Group Inc on 12/31/2020
One of the dreams of many people is owning a house. Many people undertake this critical step by taking a mortgage. It can, however, become a burden depending on the type and nature...
Posted by BEST FINANCIAL GROUP LTD on 12/20/2020
