Not your average tax and accounting firm.
We often encounter clients who are at a crossroads: should they continue renting or take the plunge into home ownership? While renting offers flexibility, there comes a point when it may no longer make financial sense. This article will explore the tax implications, the impact of after-tax dollars, and current market conditions to help you …
When Home Ownership Makes More Sense Than Renting: A Financial PerspectiveRead More
Have you been thinking of making energy saving home improvements? If so, you may qualify for some substantial income tax credits. Even if home improvements aren’t currently on your to-do list, with the increasing cost of energy you may find that energy saving home improvements, along with the tax credits that accompany them, are something …
Energy Saving Home Improvements and Their Tax BenefitsRead More
Throughout your life there will be certain significant life changing events that will significantly impact your taxes. Here are a few of those tax-affecting occasions: Getting Married – The Most Common of Life Changing Events Just got married or are considering getting married? Be aware that once you are married you no longer file returns …
Have you ever considered the deductibility of installing medically related home improvements? If you are adding some medically related home modifications this year, you should. According to the Social Security Administration, 10,000 baby boomers a day are reaching the age of 65. As of 2018, 16% of Americans were age 65 or older. And by …
Costs For Installing Medically Related Home Improvements Have Tax BenefitsRead More
Looking for tax advantages of home ownership in 2021? If you are you planning to buy a home or upgrade from your existing one there are benefits that could help your tax burden. There are tax benefits for refinancing your mortgage as well. Watch the video to discover some home ownership tax advantages, as well …
Considering refinancing your home mortgage? With mortgage rates at historic lows, it may be a very appropriate time for this. However, refinancing isn’t always the best plan, even though mortgage rates are low. This is because a number of issues must be considered when refinancing. Cost of Refinancing your Home Mortgage Refinancing your home mortgage …
Contemplating Refinancing Your Home Mortgage? Things You Should ConsiderRead More
Housing is a big expense, but there are a few tax advantages of home ownership that tip the scale towards owning over renting. However, home ownership often means financing in order to make that major purchase a reality. Despite the cost, as of November 2020, the nationwide average for a 30-year fixed-rate mortgage was just …
If you are unable to keep up with your home mortgage payments, you are not alone! Many others are receiving temporary home mortgage relief under the CARES Act. Even if you are in danger of having your home repossessed, consider the ramifications of financial relief. Any debt relief can have an impact on your taxes. …
Video: Unable to Keep Up with Your Home Mortgage Payments?Read More
Are you paying too much interest on your home mortgage? Only you can be the judge of that – but right now, interest rates are at an all-time low. You may want to consider refinancing your existing home mortgage to take advantage of these super low rates. Especially if doing substantially reduces your monthly mortgage …
