“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...
Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...
As an accountant, one of your primary roles is ensuring your landlord clients are maximising their tax relief by claiming all ...
People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.
The lower average rate on the 30-year fixed-rate mortgage spurred a small flurry of refinancing activity as homeowners sought lower rates on their loans. But purchase activity - buyers applying for ...
If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.
A cheat sheet for the generous breaks Congress has bestowed on homeowners.
Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could ...
A mortgage expert has warned homeowners not to throw away their 1098 tax forms before they file. In her recent video, ...