mortgage interest, business expenses and charitable donations. Income, sales, real estate and personal property taxes: We'll also take the state and local tax deduction, which allows us to deduct ...

Simple Form 1040 returns only (no schedules except for the earned income tax credit, child tax credit and student loan interest). Tax deductions for homeowners Mortgage interest Discount points ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

I recommend that you do not be lazy and go through the effort of compiling your itemized deductions. Your efforts may be greatly rewarded!

Northland, Barry Bigelow joined Sierra Naess for another Money Matters Monday. This week, these two tackle income tax filing.