How Homeowners Avoid Capital Gains Tax

What is capital gains tax? This is a prime question that might crop up when you sell your home for more than you paid for it. That’s good news for you, but the downside is, you may have to pay taxes on those profits in the form of capital gains tax. Yep, just as...

2019 Home Tax Deduction Checklist

Welcome to your home tax deduction checklist! For homeowners, this kind of guidance is essential in the wake of all the confusing changes ushered in by the new tax plan, the Tax Cuts and Jobs Act. The biggest change? The standard deduction jumped to $12,200 for...

5 Tax Breaks That Disappear This Year

As you’ve no doubt heard, the U.S. tax code got a major overhaul with the new Tax Cuts and Jobs Acts. So what does that mean for the return you’re filing right about now? It means you may not be able to take some deductions from the old tax code that saved...