Homeowners — Tips When Filing Next Years’s Taxes?

Planning For Your Next Year Tax Deductions

I hate doing my taxes! The only I like about tax season is the chance to see my good friend Donna Gary. I hate prepping all my documentation for my tax person. But, It is my chance every year, to be reminded of the fact, this is what my clients do for me on a daily basis. They give my piles of paperwork, and then I push them together into a pretty pile for the underwriter. Filing your taxes can be a complicated and confusing process. If you are a home owner you may have many home tax deductions and credits to consider.

Since we recently passed the filing date for 2012 taxes, it may be a good time to plan for next year and get your tax tracking systems in place. Check carefully to make sure that you are not making any of these common homeowner tax mistakes – which could cost you money or get you in trouble with the IRS. Continue reading

Take Advantage of 2012 Tax Breaks Courtesy of The Fiscal Cliff Negotiations

2012 Tax Breaks!

2012 Tax Breaks!

There was plenty of discussion and debate leading up to the New Year’s looming “fiscal cliff”. Ultimately, the event was avoided (for now), but not before legislation was passed which may benefit homeowners in Sacramento and nationwide.

If you have yet to file your 2012 taxes, take a minute to review the tax limitations and credit extensions, which Congress passed through the HR 8 legislation. You’ll want to make sure you’re paying the proper tax bill come April 15. Continue reading