When you close on a home purchase or mortgage refinance, there are always various closing costs to pay. From appraisals and ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

Should you itemize your taxes? Most taxpayers take the standard each year. The Tax Policy Center estimates that only about 10 ...

The state of Indiana offers two different property tax deductions to certain veterans: a $14,000 deduction and a $24,960 ...

The Trump administration has committed to sweeping action on tax policy. Learn more about the top five tax policy changes ...

The vast majority of taxpayers choose to take the standard deduction since it's much easier than itemization, and you don't ...

Whether the deduction limit is raised, eliminated or extended, there are steps taxpayers can take to minimize their tax ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

Instead of paying taxes on the full $75,000, they will only be taxed on $60,400, lowering their overall tax bill. Standard Deduction: Single, Married and Head of Household The size of your ...

Currently NJ residents are limited to a deduction on federal income taxes of $10K for what they pay in state income and property tax ...