There are so many things you can do with the money you receive in your tax return. But if you own a home or your goal is to buy one sometime this year, there are a few good options to help you along the way. See below for some options we recommend!
Tag: tax
5 Things to Do with Your Tax Refund
It’s the most wonderful time of the year! No, it’s not Christmas, it’s tax season! Whether you get a few hundred or few thousand dollars back, you should plan to use your tax return in ways that will greatly benefit your future. 1. Start or increase your emergency fund. Without any kind of emergency fund,…
Tax Benefits of Selling Your Home
Did you know that if you sell your home and make a profit of less than $250,000 (or less than $500,000 when you file a joint return with your spouse), and have lived in that house for 2-5 years the IRS doesn’t want to hear about. This is because the profit you make is excluded from…
Get the Most Out of Your Home with Tax Deductions
Tax season is here and now it is time for you to get the most out of all the hard work you contributed last year. If you’re a current homeowner, I have some good news for you; tax breaks are available. You can deduct many home-related expenses, but make sure to consult with a tax…
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