Tax Tips for Homeowners for their 2010 Returns
Tax planning for homeowners should start well in advance of the april 15 filing deadline each year. If you delay until the last minute, it might be too late to maximize tax credits and tax deductions. These tax tips for homeowners looking ahead to 2010 returns explain some of the things you can do now that will pay off later on your 1040.
Take a day to formulate a tax plan for the year. Depending on your circumstances, you night want to take advantage of energy tax credits or max out your vacation home deductions. The "What's New in 2010" section of IRS Publication 17 offers a sneak peek at tax changes that might affect homeowners.
We hope you found this article helpful.
Good Day!
Ron Harmon, Broker