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10 Tax Tips for Homeowners

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4 Year-End Money Tips to Lower Your Tax Bill in 2020

4 Year-End Money Tips to Lower Your Tax Bill in 2020

Many Americans don't think about their tax bills until the new year. But there are things you need to do before Dec. 31 if you want to pay less later.


Author's Note: 10 Tax Tips for Homeowners

Not to brag, but I'm totally a homeowner myself. But don't fawn over my impressive home-owning prowess yet: You should also know that for a long time I had no idea mortgage interest was deductible, and probably have been totally throwing away good deductions for years now because I was too lazy to do anything but take the standard deduction. Lesson to be learned: Do your tax research.

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Sources

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  • IRS. "Publication 547." 2013. (Oct. 8, 2014) http://www.irs.gov/publications/p547/ar02.html#en_US_2013_publink1000225200
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