Tax time isn’t typically a time most of us look forward to, but as adults, we dutifully gather our documents and do the deed we’ve been called to do. If you’re a new homeowner, you could be looking at a new tax break in the form of a mortgage interest deduction.
If you have a home office you work out of regularly, you probably enjoy a lot of perks: an extremely short commute, conference calls in your PJs, free reign with your "office" decor. But if you’re not claiming deductions, you could be missing out on one of the finer perks of calling your home an office.
With taxes still on your mind, it’s never too early to consider how to lower your tax bill for next year. If you’ve got plans to renovate your home or even buy a home that you intend to make improvements to, you could have tax deductions or credits in your future!