Homeowners: More Than Interest to Consider at Tax Time Interest rates gain the most attention from mortgage borrowers, but two other expenses, points and mortgage insurance premiums, are significant, as well. And both may come into play as you fill out your tax returns this year. When you shop for a mortgage loan — which […]
Taxes: Most Common Mistakes
Taxes: Most Common Mistakes With tax time here again, here are some of the most common mistakes people make while doing their taxes. Avoid these to save yourself money, and a possible audit. Questions or comments? Use the comment link below to sound off. Your email address will never appear on this site along with […]
Taxes 2010: Do It Yourself, or Hire a Pro?
Taxes 2010: Do It Yourself, or Hire a Pro? Is hiring a tax professional any better than doing your taxes yourself? Any questions or comments about this video? Post your comment below. Your email address, although needed in order to post, will NEVER appear on this site or shared with any third party interest. We’d […]
Tax Guidance for Repeat Home Buyers
Tax Guidance for Repeat Home Buyers If you’ve been holding off getting involved with the new $6,500 federal tax credit for repeat home buyers, there’s no more excuse for inaction. You now have all the official IRS guidance you’ll need to buy a house, qualify for the credit and pocket the $6,500. That’s because the […]
Tax Changes You Need to Know About
Tax Changes You Need to Know About Before filing your taxes this year, there are some tax changes you need to know about that could affect what you owe or get back Have questions or comments? We’d love to hear from you. Just click the “comment” link below and tell us what’s on your mind. […]
Uncle Sam Can Destroy Your Debts
Uncle Sam Can Destroy Your Debts Just by making a few changes to your withholding allowance, you could destroy some big debt. But you have to be careful, or you could end up owing the IRS! Stacy Johnson explains… Have questions or comments? We’d love to hear from you. Use the comment link below to […]
First Time Home Buyer Program Can Save You Money
First Time Home Buyer Program Can Save You Money If you’re renting a home, you probably can’t wait for the time when you can get a place that belongs to you. Now, thanks to first time home buyer programs, it is easier to buy your first home than you may think. First time home buyer […]
Homebuyer Tax Credit Means No e-file
Homebuyer Tax Credit Means No e-file Buyers who purchased a home after November 6th were unable to claim their tax refund for first time homebuyers because the Internal Revenue Service had yet to release a new form and instructions for doing so. However, the new form is available from the IRS website now, and you […]