If you been in a mall or big box store lately, you’re already being reminded that the holiday season is just around the corner. But now is also the time you should start making plans for the end of year tax moves… Questions or comments? Just use the comment link below to sound off. Your [...]
Selling your home and moving can be expensive, but many of the costs may be deductible. The IRS offers 10 tax tips on deducting some of those selling expenses or profits. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for [...]
When you decide to sell your home, you need to know what the cost basis of the home is, because it needs to be noted on your income tax return for the year you sell your home. When you are considering selling your home, taxes are probably not the first thing on your mind. Taxes [...]
Owning your own home is part of the American dream. But according to a recent Wall Street Journal article, owning a home is not always the best idea. Some Americans who cashed in on the $8,000 first-time home buyers credit before it expired in April 2010 got a bad deal. The credit pushed up sales [...]
You know what’s better than a vacation? Having Uncle Sam pay for part of it. Stacy Johnson explains… Questions or comments? Use the comment link below to sound off.
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