Homeownership carries many tax benefits, so be sure you’re taking advantage of these strategies at tax time: Mortgage Interest Deduction Interest you pay on a mortgage of up to $1 million — or $500,000 if you’re married filing separately — is deductible on Schedule A when you use the loan […]
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Long term outlook is still largely uncertainty as the Super Committee cannot come to agreement. Without changes, there is some $1.2 trillion in federal programs that will be automatically cut in 2013. Military bases and surrounding communities will be hit as spending is scaled back and surrounding area is impacted […]