Mar 20, 2018 | Firm Updates, Individual Tax, Tax Tips
Home ownership is a key element of the American dream for many, and the U.S. tax code includes many tax breaks that help support this dream. If you own a home, you may be eligible for several valuable breaks when you file your 2017 return. But under the Tax Cuts and...
Nov 14, 2017 | Firm Updates, Individual Tax, Tax Tips
Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer tax, which usually is beneficial. Prepaying property tax may be especially beneficial this year, because proposed tax legislation...
Apr 4, 2017 | Firm Updates, Individual Tax, Tax Tips
Home ownership comes with many tax-saving opportunities. Consider both deductions and exclusions when you are filing your 2016 return and tax planning for 2017: Property tax deduction. Property tax is generally fully deductible—unless you are subject to the...