Tax Credits for Replacing Heating and Cooling Systems

The Feds allow a suite of energy tax credits for heating and cooling systems and related energy-efficiency improvements. Read the rest of this entry »

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Tax Credits for Installing Biomass Stoves

Did you install an efficient biomass stove recently? If so, you may be eligible for a $300 energy tax credit. Here’s what you need to know: Read the rest of this entry »

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4 Reasons You Need an Estate Plan for Your Home

Estate planning is complicated, and you’ll need help from qualified pros, but here are four reasons to start thinking about an estate plan now. Read the rest of this entry »

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6 Homeowner Tax Mistakes Accountants Say to Watch For

Hooray — it’s tax time! OK, few people get quite that excited about filling out government forms, but there’s good reason to appreciate the annual ritual. Tax deductions are a serious perk for homeowners, and they can be a major boon to your family’s finances. Read the rest of this entry »

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5 Ways You Didn’t Know You Could Save for a Down Payment

Buying your first home conjures up all kinds of warm and fuzzy emotions: pride, joy, contentment. But before you get to the good stuff, you’ve got to cobble together a down payment, a daunting sum if you follow the textbook advice to squirrel away 20% of a home’s cost. Read the rest of this entry »

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First-Time Home Buyer Tax Credit: Repayment Continues

If you bought your first home after April 8, 2008, and before Jan. 1, 2009, and met requirements for adjusted gross income, you were eligible for a tax credit of up to $7,500 from the first-time home buyer tax credit program. But unlike buyers who used similar programs in 2009 and 2010, you had to start repaying the credit when you filed your 2010 taxes. Read the rest of this entry »

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These articles are not intended to give legal or tax advice, and you should consult your attorney or financial advisor for additional information.

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