Direct Tax

How Divorced or Separated Parents Can Maximize Refunds via Child Claims

Divorce or legal separation can be emotionally and financially challenging, particularly when children are involved. One of the less-discussed but…

3 weeks ago

How Depreciation Deductions Can Boost Your Refund from Rental Properties

Depreciation is one of the most powerful yet often misunderstood tools available to real estate investors. It allows property owners…

3 weeks ago

Home Office Deduction: How to Qualify for Maximum Benefit

The home office deduction is a valuable tax benefit available to self-employed individuals and some employees who use part of…

3 weeks ago

Home Mortgage Interest Deduction: Rules, Limits & Savings Tips

The home mortgage interest deduction is one of the most beneficial tax breaks available to homeowners in the United States.…

3 weeks ago

Home Equity Loan Interest: Is It Still Deductible in 2025?

Many homeowners turn to home equity loans to fund home improvements, consolidate debt, or cover major expenses. One of the…

3 weeks ago

Harvesting Losses to Offset Gains: A Capital Gains Refund Strategy

When it comes to smart tax planning, few strategies are as effective and underutilized as tax-loss harvesting. By strategically selling…

3 weeks ago

Get a Bigger Refund by Contributing to a Traditional IRA Before Tax Day

As the tax deadline approaches each year, many taxpayers look for smart, legal ways to reduce their tax liability and…

3 weeks ago

Get a Bigger Refund by Classifying Your Short-Term Rental as a Business

If you own a short-term rental property—whether it’s a beach condo, mountain cabin, or city apartment—you may be leaving money…

3 weeks ago

Form 8962 – Premium Tax Credit (Marketplace Insurance): A Comprehensive Guide

Form 8962, titled “Premium Tax Credit,” is a crucial form for individuals and families who purchased health insurance through the…

3 weeks ago

Form 8960 – Net Investment Income Tax: A Complete Guide for U.S. Taxpayers

Introduced as part of the Affordable Care Act, Form 8960 is used to calculate and report the Net Investment Income…

3 weeks ago

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