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Is Homeowner’s Insurance Tax Deductible? homeowners insurance tax deductible Home Insurance

Is Homeowner’s Insurance Tax Deductible?

Whenever tax time rolls around, a lot of people start asking “is homeowner’s insurance tax deductible?” The simple answer is no. In most cases, homeowner’s insurance is not tax deductible and is generally left off your tax return. On the other hand, many people actually are legally taking this tax deduction. In fact, you may […]

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Taxable Income: What Is It and How Is It Determined? Tax Return Taxable Income Taxes

Taxable Income: What Is It and How Is It Determined?

Whether this tax season is your first or you’ve been doing this adulting thing for a few years, you might still have questions about your taxable income. Including what it is, and how to calculate it. Perhaps you switched from one income type to another, like from standard wages to freelancing. Maybe you were even […]

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Things You Should Know Before Donating to Charity Donating on Tablet at Coffee Shop Taxes

Things You Should Know Before Donating to Charity

Donating to charity is a popular way to help your community. It can also deliver tax savings, but only if you donate to a reputable aid organization. Some donors don’t do their due diligence before contributing. That leaves them on the hook for taxes they thought they were going to avoid. Even worse, their money […]

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