Mortgage insurance premiums can increase your monthly budget significantly. They averaged between $100 and $200 a month as of the end of 2016. But sometimes they’re tax deductible—at least through the end…
The tax code provides several benefits for people who own their homes. The main benefit is that the owners do not pay taxes on the imputed rental income from their…
It’s been a year like no other, and taxes will be no exception. Your federal income tax return for 2020 — the one due by April — will be a…
Shareholder is a person, who has invested money in the business by purchasing shares of the concerned enterprise. On the other hand, stakeholder implies the party whose interest is directly or indirectly…
Being self-employed is rewarding, but there are some caveats, one of which becomes more obvious at the end of each year — while you’re preparing to file your taxes. As…
What Is the Capital Gains Tax? The capital gains tax is the levy on the profit that an investor makes when an investment is sold. It is owed for the…
The simple answer to “What’s a tax lien?” is: It’s an obligation a delinquent taxpayer has to the local government (typically a county or other local municipality) to pay past-due…