A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

The Income Tax Bill, 2025, tabled in Parliament, reorganises deductions previously under Section 80C into specific clauses.

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...