Owning a home is a goal shared by many, but the cost of doing so can be significant. Even after you have bought your home, you will have to pay additional taxes on an annual basis. The good news is that there are many deductions available for your home taxes that can end up saving […]
Home Improvement Tax Deduction Amounts That You Can Claim
Are you looking at possible tax payments for this year? If you made any improvements to your home, you may be able to lower your tax burden. A home improvement tax deduction can save you money, but you will need to track all your expenses for any home improvements. Not all home improvements can be […]
Mileage Tax Deductions Can Increase Your Refund Check Amount
Are you self-employed or do you volunteer a lot? You may be eligible for mileage tax deductions. It is important to track all mileage driven for work, medical appointments, volunteering and even moving. The federal deduction for mileage is significant and make a dent in your annual tax payment. The average taxpayer can receive as […]
Tax Deductions That Are Frequently Missed
As tax season approaches, are you looking for every tax deduction you can find? There are several tax deductions that are frequently missed during tax preparation. Tax credits and tax deductions can save you money when you file your taxes, but since many of them apply to things you do every day, it can be […]