Between gasoline, packing materials, moving assistance, and insurance, the summertime moving costs can really add up. All of this might get you thinking, “Are any of my summer-time moving expenses tax deductible?”
Your home can save you money this summer. Find out how.
Now that winter is over, many of us are turning attention to clearing out the clutter. Spring cleaning is an annual ritual for us. The good news is that you can use spring cleaning as a time to help others, as well as to clean the clutter from your home.
Daylight savings time is almost here, which robs us of an hour as we spring forward this Sunday. That is, unless you live in one of the few areas where daylight savings time is not observed, such as most of Arizona, Hawaii, and most of the US territories. That gives us one less hour to file our taxes, so if you haven’t filed yet, time to get in gear and file your taxes.
Fall is here, and if you’re remembering your heating bills from last winter, you probably are already thinking about what you can do to cut that bill. Today, we look at tax breaks that help save you money while you make your home a bit more energy efficient.
As the days draw shorter and Daylight Savings Time draws to an end, we’re reminded that the end of the year is almost here. You’ve probably already turned on the heat for the first time this winter and it’s time to start thinking about energy bills. There are a number of energy-saving ways to improve your home’s tax efficiency. Here are two of the tax breaks available for 2013.
A great milestone of your financial life is the purchase of your first home. While less exciting, the tax implications of that achievement are no less critical. After all, home ownership creates several new opportunities for you to save on your federal income taxes. Got your attention?
The deadline to appeal property taxes is in September in many areas. With the decline in property values, it may be worth appealing your property tax value to make sure you are paying the correct property tax amount. You may be able to save money. Column Five’s, Josh Ritchie gives us details on how frequency of use of second properties may impact how you report property taxes.
With the last chance to appeal the assessed value of your home quickly approaching, we wanted to share our infographic that compares state-by-state property taxes, which is one of the largest home related expenses we pay and is hands down a significant revenue source for state and local governments. Full story
Under 2008 legislation designed to stimulate the housing market, first-time homebuyers could claim a tax credit of up to $7,500, however beginning in 2010 taxpayers were required to pay the credit back. Find out more here. Full story