Tag: tax deduction

Still Time for 2023 Contributions to Tax Advantaged Accounts

by Lisa Leslie

March 11, 2024

There is still time to make 2023 contributions to Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs). The deadline to make these contributions is April 15, 2024. This is helpful because there is a limit on how much can ... READ MORE

Category: Money Matters, Work & Life
Tags: Health Savings Account, HSA, IRA, Roth IRA, Tax Advantage, Tax Deduction

The Homeowner Mortgage Interest Tax Deduction

by Lisa Leslie

January 9, 2024

Are you a homeowner looking for good tax deductions? For most Florida homeowners, the first thing to check is mortgage interest and property taxes. Mortgage interest can be a tax deduction if you choose to itemize deductions. A tax filer can ... READ MORE

Category:
Tags: Federal Income Tax, Federal Income Tax Filing, Itemized Deduction, Standard Deduction, Tax Deduction

Even if You Don’t Itemize: Special 2021 Charitable Tax Deduction

by Lisa Leslie

November 19, 2021

The Tax Cuts and Jobs Act (TCJA) of 2017 included a significant increase in the standard deduction. Individual tax filers can choose to reduce their taxable income by either taking the standard deduction or itemizing deductions. As a result ... READ MORE

Category: Money Matters
Tags: 2021 Charitable Deduction, Tax Deduction

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