Tax Blog

January 30, 2009
categorized as: Tax Relief   |   Comments: 4 comments
The newly passed Mortgage Debt Forgiveness Relief Act offers tax relief on those who have foreclosed mortgage debt. This new tax law prevents canceled debt of foreclosed properties from being considered taxable income on your tax return. Read on to learn more.
January 21, 2009
categorized as: Tax Relief   |   Comments: 4 comments
The cost of higher-education keeps rising and continues to place a burden on families of college and university students. Fortunately, Uncle Sam is offering a tax break to provide some relief to these families. Read on to learn about this tax break and see how to take advantage of this much needed relief.
January 14, 2009
categorized as: Tax Relief   |   Comments: 4 comments
Last year Congress passed a law to provide much needed tax relief to homeowners that take the standard deduction instead of itemizing their return. This new law could lower your taxable income by as much as $1,000. Read on to see if you can take advantage of this tax break.