Blog Archives

4 Year-End Tax Planning Steps for Connecticut Taxpayers to Save Money

      The year-end will be here soon.  Here are 4 year-end tax planning steps for Connecticut taxpayers:  


Tagged with: , , , , , , , , , , , , , , ,

The 5 Most Common Itemized Deductions

Mortgage Interest—Many taxpayers can deduct their mortgage interest on their residence.  However, there is a limitation on this.  The interest on a primary residence can only be deducted on up to $1,000,000 mortgage and $100,000 line of credit.  Points paid


Tagged with: , , , , , , , , , , , , , , , , , , ,

3 Reasons a Married Couple Should Consider Filing Separate Income Tax Returns

Most married couples file their income tax returns jointly.  However, married couples have an option—they can file married filing jointly or married filing separately.  Married couples can change their filing status from year to year.  The only requirement is that


Tagged with: , , , , , , , , , , , , , , ,