Another Tax Break for Homeowners
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The Motley Fool - Unless you've spent the last six months battling day and night in World of Warcraft, you've probably noticed the minor economic jolt caused by the housing slump.
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President George W. Bush on Thursday signed into law a measure that will waive taxes on many homeowners who must restructure their mortgages as they face foreclosure.
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Got a shoebox full of receipts from purchases you made this year? Hold onto them and make sure to have them handy come tax time. Congress this week temporarily reinstated a law that gives Texans - as well
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It&#39;s soon to be income tax season. You are entering the Alternative Minimum Tax Zone. For a growing number of taxpayers, the AMT strips away your tax deductions and leaves you paying higher taxes.
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By George Chamberlin , Daily Transcript Financial Correspondent. Rising residential real estate values have been a blessing for many households.
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The little-known tax break has allowed wealthy financiers to cut their total income tax bills by billions of dollars.
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Residential property taxes rose an average of $161 in cities and towns across the state in the past fiscal year, as home assessments hit historic highs despite declining market values.
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Here's another way to invest in property. Just be careful.
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Some people don&#39;t think about federal income taxes until the first week of April. Others jump on them in late January, as soon as their W-2s show up in the mail.
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You may not have to pay as much as you're paying to protect your home.
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Many people could use some extra money this time of year. It just so happens the Internal Revenue Service has some extra money on hand -- and if you are among the 2,915 taxpayers in Georgia
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The House on Thursday passed a &#36;145.9 billion package of tax relief to extend three popular middle-class tax cuts, giving President Bush his fourth major tax victory since taking office.
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How about adding some tax breaks to your Christmas shopping list? Though there are only a few weeks left in the year, there may still be time for tax-saving maneuvers if, for example, you buy a new home furnace, spring for a hybrid car, or get new investments to replace battered ones.
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You can sell your home but stay in it -- sort of.
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A contentious measure to gradually move up the time property owners pay their county property taxes will get a second chance this week in the Michigan House.
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Mortgage refinancing is available ... for those who need it least.
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Married couples could receive a Â£20-a-week tax break under plans Conservatives will consider today.