An interactive and engaging blog to share updated tax thoughts and concepts for US taxpayers - both individuals and business owners. Experienced CPA shares great US tax ideas. Also latest IRS rules that offer opportunities to plan on your taxes for next year.
Beware Tax Rules When Refinancing a Home Mortgage - WSJ.com
Those who decide to borrow more than they owe on their existing mortgage often assume they can write off interest on the whole new loan, but in many cases they can't.
