Feb 08, 2013
Tax tips to share with your clients
08 Feb 2013
Posted by Andrew Kantor
Every homeowner (we hope!) knows about the mortgage interest deduction, but there are other tax breaks for owning a home. Can you deduct discount points? Local property taxes? Home-office additions?
You might want to check out this post from Dan Green, and maybe do a quick refresher on taxes for homeowners. It’s a great reason to reach out to clients: “Don’t forget to ask your tax preparer about the points you put down!”
There are a lot of incentives out there, especially for going green — there are tax breaks for adding things like efficient wood stoves, geothermal heating and cooling, and more. Click here to see what they are, courtesy of the EPA.