Homeownership traditionally comes with some great tax breaks, but lots of things are different this year due to new tax rules. Here are four things that could put a wrinkle in your tax return this filing season if you’re a homeowner. 1. The mortgage interest deduction is different Mortgage interest is tax-deductible, but this year the deduction … Continued

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Hiding your income tax refund in your sock drawer may feel handy, and locking it in your safe may feel secure, but putting it in the right savings or investment vehicle will make it grow. Americans expecting a refund on their 2018 federal income taxes anticipate they’ll get $1,861 back, on average, according to a new … Continued

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Many taxpayers stress about the size of their tax bills this time of year, but many more may be stressing about the size of the bill to calculate their tax bills. It now costs $188, on average, to have a tax preparer do a Form 1040, according to the National Society of Accountants. Itemize and … Continued

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