Did You Forget These VA Home Loan Deductions?

Did You Forget These VA Home Loan Deductions?

By now, most service members and veterans are aware of these VA-guaranteed home loan benefits. No down payment required No mortgage insurance (PMI) required No prepayment penalty However, many are forgetting the added benefit of including these two itemized tax...

Check Your Mailbox For These Tax Documents

  W-2: Reports your earned income if you worked for an employer 1098: Reports mortgage interest and points you paid 1098-E: Reports student loan interest you paid 1098-T: Reports payments you made for qualified tuition and expenses 1099-MISC/1099-NEC: Reports...
Timing the Sale of Your Home

Timing the Sale of Your Home

Thanks to low interest rates and several first-time home buyer programs, many families have decided to purchase real estate in the last several years.  At some point, most of you will make the decision to sell for reasons like an expanding family, job...
Write-Off Your PCS!

Write-Off Your PCS!

Many military families are in the final planning stage of their permanent change of station (PCS) move. As “PCS season” approaches, tax questions about what moving expenses are deductible and how to deduct them are often asked. Unlike other tax deductions, you do not...