Form 8396 is an IRS form used by homeowners to apply for a mortgage. The purpose of the mortgage is to help low-income taxpayers pay for their housing. You can only apply for a credit...
When you file tax returns, deductions reduce your income and the amount you owe. Taxpayers have two options: they can claim a standard deduction, or they can specify and request specific...
The Tax Cuts and Job Act is the most crucial series of amendments to the US tax code in a few decades. The vast majority of the amendments will come into effect in the 2018 fiscal...
Posted by Flynn Financial Group Inc on 10/29/2019
A mortgage is something worth being thankful for, would it say it isn't? It enables individuals to purchase homes in case they cannot back up the home purchases with sufficient...
Posted by Advanced Accounting & Tax Planning on 10/23/2019
Collecting money every tax season has got to be one of the best moments in a taxpayer’s life. A lot of workers calculate their withholdings to ensure they’re getting their...
Posted by rinehimerbaker on 09/11/2018
It's well worth taking advantage of the several tax benefits and deductions that are available if you have just bought a new home. These deductions can help to offset the high...
Posted by David Yeomans Accounting Service, Inc. on 01/11/2018
When we are making charitable donations, especially if they are larger donations of property or taxes, it can be easy to meet any necessary requirements to be able to take advantage...
No one likes paying taxes. A few people may enjoy preparing tax returns, like Allan J Rolnick, a professional tax preparer, but absolutely no one actually likes paying for the taxes....
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
Do you want to decrease your tax bill substantially? Read this and find out all about commonly ignored tax deduction trends.An income tax break is basically a way to save on tax liability....