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Homeowners, Tax Credits and Deductions for Your House Can Give Your Tax Refund a Big Boost
Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...
Will mortgage interest deduction expire if Tax Cuts and Jobs Act does?
Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...
This Is the Standard Deduction for the 2024 Tax Year
W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...
How Tax Breaks for Homeowners Can Affect Your 2025 Returns
Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).
What Will Happen If Congress Doesn’t Extend the Expiring Tax Cuts and Jobs Act in 2025?
With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...