Mortgage closing costs can be expensive, but these five in particular could be tax-deductible. As a firsttime homebuyer, you may be surprised by how expensive real estate can be. In addition to ...
When you buy, sell or refinance a home, closing costs are a pricey part of the transaction. And while most taxpayers should take the standard deduction over itemizing deductions on their income taxes ...
IRS Section 180 allows taxpayers who farm to immediately deduct expenditures for inputs including fertilizer and lime, rather than capitalizing them.