Home Tax Deductions

Home Tax Deductions "Mortgage Interest" - New tax law imposes a lower dollar limit on mortgage qualifying for home mortgage interest deduction.  Starting this year taxpayers may only deduct interest on $750,000 of qualified residence loans.  This is down from the...

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Check Paycheck Tax Withheld – Avoid Surprises

The passage of the Tax Cuts and Jobs Act, which will affect 2018 tax returns. Checking withholding amounts is important. These tax law changes include: • Increased standard deduction • Eliminated personal exemptions • Increased Child Tax Credit • Limited or...

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