Tips to Make Tax Time Easy

  From Spotlight: Get Ready for Tax Filing–the Easy Way Can I Claim the Mortgage Interest Deduction? Details can be tricky. Double-check yourself with these tax rules affecting homeowners. Image: Ikon Images/Offset Like most homeowners over the past couple of years, you may have discovered that you can no longer write off your property taxes […]

Improve Your Money New   From Spotlight: File With Confidence: Tax Tips for Homeowners How Long to Keep Tax Records and More: A Checklist For most tax deductions, you need to keep receipts and documents for at least 3 years. Image: Gerd Zahn/Getty   Unless you live in a Hollywood Hills mansion, you probably don’t […]

From Spotlight: File With Confidence: Tax Tips for Homeowners When It’s Time to Get an Accountant to Do Your Taxes Do you need a CPA? Or will a regular accountant do? Nuthawut Somsuk/Getty   Now that you’re a homeowner, your taxes may have gotten more complicated. And you may be asking yourself, “Do I need […]

    From Spotlight: Get Ready for Tax Filing–the Easy Way Are Closing Costs Tax Deductible? Here’s the scoop on what’s tax deductible when buying a house. Image: tigerstrawberry/Getty The answer to whether closing costs are tax deductible — or mortgage interest and property taxes for that matter — is often maddeningly, “It depends.” Basically, you’ll want […]