tax
Expenses You Should Be Meticulously Tracking as a REALTOR®
If you aren’t tracking your business expenses or waiting to the last minute to recreate a year’s worth of traveled miles, phone bills, office supplies purchased, or any other deductible expenses, you may be missing out on significant savings. Expense…
Read MoreShould I Pay My Property Taxes Early?
The property tax deduction is one of the biggest benefits of homeownership — even with the latest tax reform. Though new tax laws cap the deduction at $10,000, the large majority of American homeowners fall under this threshold, meaning they…
Read MoreTax Deductions New Homeowners Need to Know
Homeownership comes with some serious benefits. It can protect you from inflation, help you build wealth, and come tax season? It can even qualify you for valuable deductions and credits. If you’re new to homeownership, or you just sold your…
Read MoreThe 2020 Tax Deadlines You Need to Know
Now that we’re into the new year, tax time is right around the corner. With that in mind, we’ve made a guide for the important 2020 tax deadlines that you need to know. Below is a collection of important due…
Read MoreYour Total Guide to 2019 Tax Deadlines
Yep, it’s that time of year again: tax season. Confused about what is due and when for your federal taxes? Here are the dates and forms you’ll need to file quarterly installment payments, monthly payments if you work for tips,…
Read MoreCPAs Answer Homeowner Questions About the New 2018 Tax Law
Since the final version of a $1.5 trillion tax reform bill was passed in December 2017, taxpayers across the nation have been trying to figure out how the changes will affect their lives and finances. As a mortgage company, we’ve…
Read MoreBuying a Second Home? What the Latest Tax Reform Means for You
The latest tax reform impacts all Americans, but in particular, homeowners. Just see our latest blog for full details on how it influences your current mortgage—as well as your annual income taxes and deductions. But what about second homes and…
Read MoreHow the Mortgage Interest Tax Deduction is Changing in 2018
Most of us are aware that tax reform was passed through Congress late last year. But how exactly do those changes trickle down to our real lives—and pocketbooks—in 2018? Well, if you’re a homeowner—or you’re thinking of becoming one this…
Read MoreThe Complete Guide to 2018 Tax Deadlines
Paying your taxes late is never an option—at least not if you want to avoid penalties or putting that coveted refund in jeopardy! Unfortunately, the tax system can be a little complicated, and it’s often hard to know when to…
Read MoreThere’s a 2017 Tax Deduction You Thought Was Gone—But It’s Not
When you bought your home, did you put down less than 20% for your down payment? If so, there’s a good chance you’ve been paying private mortgage insurance (PMI). PMI helps a lot of folks qualify to purchase homes, but…
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