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Are Home Improvements Tax Deductible?
GoBankingRates via AOL· 2 months agoOwning a home is a great way to build wealth, but it's also a significant expense. The cost of improvements is only tax deductible in certain...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 1 month agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
4 Wild Tax Breaks That People Have Actually Gotten Away With
Motley Fool· 12 months agoImage source: Getty Images There are a lot of gray areas in the U.S. tax code. For example, what...
CRA taken to court after denying spousal support payments as tax deductible
Financial Post via Yahoo Finance· 1 year agoAmong the challenges of separation and divorce is determining whether spousal and child support will...
5 Unexpected Tax Deductions Every Small Business Owner Should Know About
GOBankingRates via Yahoo Finance· 1 year agoTax time can be tiring for any individual taxpayer. However, for small business owners trying to cut...
Can I Make After-Tax 401(k) Contributions?
SmartAsset via Yahoo Finance· 11 months agoYour employer may allow you to make after-tax 401(k) contributions. These are not tax-deductible like your regular 401(k) contributions, but you can make...
Is a High-Deductible Health Plan Worth The Cost?
SmartAsset via Yahoo Finance· 2 years agoAccording to the U.S. Bureau of Labor Statistics, the average American household spent $5,177 on healthcare costs in 2020. With healthcare costs eating...
Federal tax credits Canadians should take advantage of but probably aren't
Yahoo Finance Canada· 1 year agoTax professionals weigh in on the federal tax credits many Canadians don't take full advantage of....
Internal Revenue Service in U.S. solicits public opinions on proposed NFT taxes
Forkast News via Yahoo Finance· 1 year agoThe Internal Revenue Service (IRS), an agency under the U.S. Department of the Treasury that handles...
The Hidden Way Congress Shrinks Your Tax Breaks
The Wall Street Journal· 2 months agoTAX REPORT Plenty of taxpayers are left scratching their heads when Uncle Sam takes more of their income than they expected. For example, why can’t a...
