Tax tips to share with your clients

It's better than the typical image of a 1040 form with a calculator you always see 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!”

Click here if you didn’t realize that was a link to Green’s article up there.

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.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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One Response to Tax tips to share with your clients

  1. Very interesting, I will check out these incentives which may spare me some money!

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