Preparing for Tax Time and Home Ownership Deductions

Preparing for Tax Time and Home Ownership Deductions

As the year comes to an end, it’s time to start thinking about tax season, especially if you are a homeowner. You will want to take advantage of all possible tax deductions to lower your tax burden. This is the first year that the new tax law takes effect, so many...
Home ownership tax deductions

Home ownership tax deductions

LOVELAND – It’s tax time! As a homeowner, there are several different home-related expenses that you may be able to deduct on your taxes if you itemize deductions. Below are a few common deductions to keep in mind. Mortgage interest The interest portion of your...