There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

Among those expenses, one of the biggest is mortgage interest. You should receive a Form 1098 from your mortgage servicer that will show how much you paid during the tax year. A photo illustration ...

My tax situation has always been ... itemizing my return to claim the mortgage interest deduction — it all disqualified me. My home state of Ohio hasn't adopted the IRS's Direct File program ...

By opening a 529 savings account, you may be able to reduce future out-of-pocket costs and get a tax break on your state ... a tax deduction of up to $4,000 annually. The downside of Ohio's ...

However, mortgage rates are largely affected by a combination of factors outside of the lender’s control, such as the state of the ... out on the mortgage interest tax deduction sooner than ...

President Donald Trump and House Speaker Mike Johnson are working on creating a new tax deduction for interest paid on auto loans for cars built in the United States. It’s unclear at this time ...