fbpx
Tax Credits for Homeowners

Tax Credits for Homeowners

The President signed the Inflation Reduction Act into law on August 16, 2022. It contains some valuable tax credits for homeowners.When it comes to taxes, nothing is better than a tax credit since it is a dollar-for-dollar reduction in the taxes you must pay (unlike a...
Sources of Tax-Free Income

Sources of Tax-Free Income

I was perusing the Internal Revenue Code (it’s one of the things I do) and started to think about the various sources of tax-free income.Here are the 11 that jumped out at me: Roth IRAs Social Security benefits up to the taxable limits Tax-free IRA withdrawals (on top...