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How Home Ownership can SAVE you in taxes

By |2014-10-30T15:45:18-04:00July 7th, 2014|Categories: Itemized Deductions|Tags: , , , , , , , , , , , |

How-Home-Ownership-Can-Save-in-Taxes

There are 4 simple ways in which owning a home can Save you in taxes:

1. Mortgage interest deduction – owning a home allows you to deduct the interest you pay for your mortgage. This is usually the biggest tax break for most people because a large portion of your house payment goes toward interest. This is especially true at the beginning of a mortgage. You can deduct all the mortgage interest you pay given that your loan is for less than $1 million. This includes any interest you pay on a loan to buy your home, the interest on a home equity line of credit, or home […]

You can now pay your taxes online!

By |2014-10-30T15:45:35-04:00May 27th, 2014|Categories: Payments, Taxes|Tags: , , , , , , , |

You-can-Pay-the-IRS-Online

How can I pay my taxes online?

If you owe money to the IRS, you can make a secure payment through their new online portal at: www.irs.gov/Payments.

If you’re worried about being able to make all your payments online, you can create an online payment agreement with the IRS at: www.irs.gov/Individuals/Online-Payment-Agreement-Application.

As much as it stinks to have to pay the IRS, at least their making it easier to do so.