Taxes

Tax advantages of owning a Cape Ann home are probably not the number one motivating force behind buying a home. But the tax advantages associated with owning your own home are significant, and may be a factor in your decision to buy a home. Mortgage Interest Deduction If you itemize deductions you’re generally able to [...]

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The day taxes are due (April 17th) is fast approaching, and tension is in the air. No one likes sending more money to Washington than they absolutely have to. Even though most of us pay our taxes on time and in full, few of us don’t always consider how we could bring down our tax [...]

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There are 2 important Boston real estate tax deductions you won’t be able to claim in 2012. Congress was so busy bickering at the end of 2011 that it allowed two important tax breaks for home owners to expire. Boston Real Estate Deductions We Lose in 2012 1. You can no longer deduct the cost [...]

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Tax time is also scam time. There are some things you need to do when filing your taxes to protect your identity, and protect yourself from being scammed… If you think you’ve become a victim of identity theft or fraud, act immediately to minimize the damage to your personal funds and financial accounts, as well [...]

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From incentives to deductions, taxes are complicated and can be confusing even for the seasoned property owner. Understanding the ins and outs of some common property tax concerns can help save you money and put your mind at ease. Here are 3 very common tax topics relating to real estate: 1. Natural Disaster Relief If [...]

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Even though tax day is still more than 2 months away, it’s never too early to start gettin yourself organized and ready to file, so you’re not one of the millions of procrastinators who wait til the last minute to file, or have to file an extension because you just weren’t ready. This is one [...]

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With Chirstmas coming on fast, taxes are probably not first and foremost in your mind right now, but there are some smart moves you can make between now and the time the big ball drops in Times Square that will make a real difference with it comes time to deal with the IRS next April. [...]

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Is it better to get a big tax refund or change your W-4 withholdings and risk a tax bill? Kiplinger has the answer… Do you look forward to a big tax refund every year, or do you end up paying more in taxes? We’d love to hear from you. Just click the link below and [...]

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With Thanksgiving just around the corner, taxes are probably not first and foremost in your mind right now, but there are some smart moves you can make between now and the time the big ball drops in Times Square that will make a real difference with it comes time to deal with the IRS next [...]

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Think there’s nothing good about paying higher prices at the grocery store and at the pump? Well, as it turns out higher inflation can lead to lower taxes… Questions or comments about this video? Just click the comment link below. Your email address, although required to post here, will never be published on our site, [...]

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