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Some homeowners could get a fat deduction under the new GOP tax bill. Here's what to know.
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
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Are HOA Fees Tax Deductible? The Simple Answer
If you’re a homeowner paying monthly dues to a homeowners association (HOA), you might be wondering: Are HOA fees tax ...
Who benefits most from the state and local tax deduction and why raising the cap is contentious
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...
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How to get a tax deduction for charitable donations
Donations to a registered charity fundraiser on GoFundMe, however, are tax-deductible and will receive tax receipts automatically from the platform's charity partner, PayPal Giving Fund.
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Are HOA Fees Tax Deductible? The Simple Answer
Keep your HOA invoices, receipts and tax documents for proof and store them in a secure location. Before claiming any deduction, review IRS Publication 527 (Residential Rental Property ...