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The year-end will be here soon. Here are 4 year-end tax planning steps for Connecticut taxpayers:
Married couples have a choice when they file their income tax returns. They can file as married filing jointly or as married filing separately. Married Filing Jointly Most married couples will file a joint income tax return. There…
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…
Another year has gone by. It’s time to begin gathering my material for my taxes to be prepared. Then it dawned on you, why hasn’t my accountant called me to discuss some possible strategies? If these are questions you are…
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…
