Tax advantages of owning a Richmond VA 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 [...]
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 [...]
There are 2 important Richmond VA 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. Richmond VA Real Estate Deductions We Lose in 2012 1. You can no longer deduct [...]
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 [...]
