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How To Get A Tax Break On Your Home Remodeling

By Team iBizExpert On April 06, 2022 09:32 PM No Comments

Homeowners always have a lot to say about this when they're trying to figure out which tax deduction they can get when they make changes to their homes. Even tax experts don't always understand this topic because the laws change so often. It can...

Can You Deduct Your Mortgge Payment From Taxes?

By Team iBizExpert On March 19, 2022 03:03 PM No Comments

As a landlord, you'll want to make sure you get all the tax breaks you can. There are more than just the obvious things to figure out. There are costs to break a lease, costs that renters can get back from the landlord, and many other costs. Make...

Not To Late To Make 2005 IRA Contribution

By Team iBizExpert On March 09, 2022 11:31 PM No Comments

Many Americans put money into their own retirement accounts every year. You can still do this for the 2005 tax year if you haven't already. It's not too late to put money into an IRA for 2005. It makes sense for people to put...

Home Equity Loans Tax Deductions - What Are The Tax Advantages Of A Home Equity Loan?

By Team iBizExpert On February 24, 2022 02:09 PM No Comments

Depending on how you used your home equity loan, you may be able to get a tax break for some or all of the interest you paid on it. The largest deductions are available for home improvements. But you can still deduct some of the interest on loans...

Heads up on co-signing loans

By Team iBizExpert On February 24, 2022 08:38 AM No Comments

I think it's a bad idea to co-sign a loan with a family member or close friend. If you want to help your child buy his first car, you may need to co-sign because the child doesn't have a credit history yet. The risk is that if your son misses a...