Homeowners Deduct Over $9,000 in Mortgage Interest

The average homeowner deducts $9,650 for mortgage interest, according to analysis released on Thursday.

The National Association of Home Builders says that 35 million taxpayers used the home-mortgage deduction in 2003, deducting $338 billion. Thirty-nine million households deducted real est…

Still Waiting For Your Tax Refund

I am constantly amazed when I speak with people and they tell me they are still waiting for tax refund checks after six or twelve months. If you are in this position, you may be in for a surprise.

Still Waiting For Your Tax Refund?

Preparing and filing taxes is one of those things alm…

New Tax Laws Impact Investors

If you are one of those people who do their own taxes this may be the year to hire an accountant. By now you have probably gotten all of your 1099 forms in the mail from your brokerage accounts and now you need to make sense of it all. There are two major changes to the tax laws for 2003 that cou…