What are the rules that apply to deductions for interest payments on mortgages? They can get confusing. The old rules that apply for 2017 and previous years. They allowed itemizers […]
Category: Personal Taxes
Get Ready For Taxes
What’s important to you as you prepare to file your taxes? Your situation can make a big difference in the tax your pay and the paperwork you have to file. […]
Hobby or Business: The IRS Takes a Stand
From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct losses, but hobbies cannot. The Tax Cuts and Jobs Act kept the itemized deductions […]
IRS Offers A Host Of Car Credits
Thinking of buying a new car in 2023? The IRS is on your side with some great credits, but you have to follow the strict conditions. Read below to see […]
Investing Success: Keeping an Eye on Taxes
Avoiding taxation should not be the only goal, or even the main goal, of your investment strategy. Still, you always have to keep taxes in mind to make sure you’re […]