May 9, 2012
- Tax Advantages of Owning a Tri-County NJ Home
Tax advantages of owning a Tri-County NJ home are probably not the number one motivating force behind buying a home. But the tax advantages associated with owning your own home are significant, and may be a factor in your decision to buy a home.
Mortgage Interest Deduction
If you itemize deductions you're generally able to deduct the [...]
April 8, 2012
- How to Cheat on Your Income Taxes – Legally
The day taxes are due (April 17th) is fast approaching, and tension is in the air. No one likes sending more money to Washington than they absolutely have to.
Even though most of us pay our taxes on time and in full, few of us don't always consider how we could bring down our tax bill, [...]
March 26, 2012
- Tri-County NJ Real Estate Tax Deductions You're Losing
There are 2 important Tri-County NJ real estate tax deductions you won't be able to claim in 2012.
Congress was so busy bickering at the end of 2011 that it allowed two important tax breaks for home owners to expire.
Tri-County NJ Real Estate Deductions We Lose in 2012
1. You can no longer deduct the cost of [...]
March 2, 2012
- Taxes: How to Protect Your Identity
Tax time is also scam time. There are some things you need to do when filing your taxes to protect your identity, and protect yourself from being scammed…
If you think you've become a victim of identity theft or fraud, act immediately to minimize the damage to your personal funds and financial accounts, as well as [...]
February 15, 2012
- 3 Common Home Tax Concerns
From incentives to deductions, taxes are complicated and can be confusing even for the seasoned property owner. Understanding the ins and outs of some common property tax concerns can help save you money and put your mind at ease. Here are 3 very common tax topics relating to real estate:
1. Natural Disaster Relief
If your [...]
January 20, 2012
- Time to Start Thinking Taxes
Even though tax day is still more than 2 months away, it's never too early to start gettin yourself organized and ready to file, so you're not one of the millions of procrastinators who wait til the last minute to file, or have to file an extension because you just weren't ready.
This is one in [...]
December 15, 2011
- Holiday Tax Moves to Make Now, Part 2
With Chirstmas coming on fast, taxes are probably not first and foremost in your mind right now, but there are some smart moves you can make between now and the time the big ball drops in Times Square that will make a real difference with it comes time to deal with the IRS next April.
Go [...]
December 11, 2011
- Tax Refund or Tax Bill: Which Is Better?
Is it better to get a big tax refund or change your W-4 withholdings and risk a tax bill? Kiplinger has the answer…
Do you look forward to a big tax refund every year, or do you end up paying more in taxes? We'd love to hear from you. Just click the link below and sound [...]
November 20, 2011
- Holiday Tax Moves to Make Now
With Thanksgiving just around the corner, taxes are probably not first and foremost in your mind right now, but there are some smart moves you can make between now and the time the big ball drops in Times Square that will make a real difference with it comes time to deal with the IRS next [...]
October 30, 2011
- Year-End Tax Moves To Make Now
If you been in a mall or big box store lately, you're already being reminded that the holiday season is just around the corner. But now is also the time you should start making plans for the end of year tax moves…
Questions or comments? Just use the comment link below to sound off. Your email [...]
October 21, 2011
- Rising Prices Mean Lower Taxes
Think there's nothing good about paying higher prices at the grocery store and at the pump? Well, as it turns out higher inflation can lead to lower taxes…
Questions or comments about this video? Just click the comment link below. Your email address, although required to post here, will never be published on our [...]
September 5, 2011
- 10 Tax Tips If You Are Selling Your Home
Selling your home and moving can be expensive, but many of the costs may be deductible. The IRS offers 10 tax tips on deducting some of those selling expenses or profits.
In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two [...]
August 11, 2011
- How to Calculate the Cost Basis of Your Home
When you decide to sell your home, you need to know what the cost basis of the home is, because it needs to be noted on your income tax return for the year you sell your home.
When you are considering selling your home, taxes are probably not the first thing on your mind. Taxes are [...]
July 9, 2011
- Tax Differences Between Buying and Renting
Owning your own home is part of the American dream. But according to a recent Wall Street Journal article, owning a home is not always the best idea.
Some Americans who cashed in on the $8,000 first-time home buyers credit before it expired in April 2010 got a bad deal. The credit pushed up sales prices, [...]
June 20, 2011
- Turning a Vacation Into a Tax Deduction
You know what's better than a vacation? Having Uncle Sam pay for part of it. Stacy Johnson explains…
Questions or comments? Use the comment link below to sound off.
May 26, 2011
- The Mortgage Deduction: Sacred or Superfluous?
As our country faces possibly the biggest budget crisis ever, the Obama Administration has created a deficit commission charged with discovering the best ways to bring down the national debt. It has come up with a plan to cut our $3 trillion dollars in debt over the next decade. One of the proposals this commission [...]
April 22, 2011
- 3 Smart Ways to Spend Your Tax Refund
We’ve all been guilty of it – we get a big tax refund check and run out to buy that big-screen plasma television we’ve been wanting, or take a trip to Mexico, or that new sofa you've been dreaming of adding to your sun room.
Spending your tax refund check this way is one of the [...]
March 31, 2011
- Is Your Tax Preparer Qualified?
The following is a guest post from Richard Barrington who writes for MoneyRates.com about financial topics including bank rates. His opinions do not necessarily reflect those of our company.
Before you think about how qualified your tax preparer is, think about what’s riding on your tax return.
On the upside, good tax advice can save you hundreds, [...]
March 24, 2011
- Taxes 2011 – Free Help
Just because you have to file your taxes doesn't mean you have buy software… pay a professional… or necessarily do it yourself.
Have you filed your 2010 taxes yet? Did you pay someone to do it, or do it yourself? We'd love to hear from you. Just click the comment link below to sound off.
March 16, 2011
- 3 Dumb Things to Do With Your Tax Refund
The average tax refund last year was $3,000. Do something smart with that money.
Are you getting a refund this year? What are you planning to do with it if you are? We'd love to hear your plans. Just click the comment link below.
