Thu, February 6, 2025
[ Thu, Feb 06th 2025 ]: Forbes
Trump Gaza Proposal Live Updates: GOP Lawmakers Split On Trump's Plan For Gaza Strip
[ Thu, Feb 06th 2025 ]: Fortune
A top business consultant says that Trump's trade .. forcing business leaders build 'tariff war rooms'
[ Thu, Feb 06th 2025 ]: Forbes
Proprietary Data Is The New Economic Moat, Not AI
[ Thu, Feb 06th 2025 ]: Kiplinger
Roblox Stock Plunges After Bookings, Users Fall Short of Expectations
[ Thu, Feb 06th 2025 ]: CNET
Work Remotely? You Might Not Qualify for a Home Office Tax Deduction
[ Thu, Feb 06th 2025 ]: Kiplinger
Qualcomm Stock Drops After Its Earnings Beat. Here's Why
[ Thu, Feb 06th 2025 ]: Reuters
US banks raise equity to jumpstart deals, bolster balance sheets
[ Thu, Feb 06th 2025 ]: AOL
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
[ Thu, Feb 06th 2025 ]: cnbctv18
India has received USD 1.16 billion in climate finance so far: Govt
[ Thu, Feb 06th 2025 ]: Vanguard
Meet Michael Boulos, Trump's son-in-law with Nigerian roots
[ Thu, Feb 06th 2025 ]: Forbes
A-Commerce Is Coming: Agentic AI And The "Do It For Me" Economy
[ Thu, Feb 06th 2025 ]: Kiplinger
The Four Worst Mistakes to Make When Selling Your Business
[ Thu, Feb 06th 2025 ]: Oneindia
ITR Filing After Budget 2025: Is It Mandatory For Those Earning Below ?12 Lakh? Details Inside
[ Thu, Feb 06th 2025 ]: sinchew
Linklogis Expands Leadership Team with Key Appointments in the US and UK Markets
[ Thu, Feb 06th 2025 ]: MSN
WSJ Crossword February 6 2025 Answers (2/6/25)
[ Thu, Feb 06th 2025 ]: Techopedia
Google Gemini vs. OpenAI Deep Research: Which Is Better?
[ Thu, Feb 06th 2025 ]: AFAQS
Business Today Budget Round Table 2025: Key insights from Sitharaman, Goyal, and Gadkari
[ Thu, Feb 06th 2025 ]: MSN
Five top alternatives to Ripple (XRP) primed for a potential 100x surge in 2025
[ Thu, Feb 06th 2025 ]: MSN
Analysts rework Google stock price targets after earnings shock
[ Thu, Feb 06th 2025 ]: NerdWallet
How Becoming the 51st State Would Upend Your Finances
Wed, February 5, 2025
[ Wed, Feb 05th 2025 ]: Techopedia
Does "Bring Your Own AI" (BYOAI) Pose a Cyber Threat to Your Business?
[ Wed, Feb 05th 2025 ]: CNET
Homeowners, Don't File Your Taxes Till You Check All These Tax Breaks for Your House
[ Wed, Feb 05th 2025 ]: AOL
Alphabet, Meta, Microsoft set to spend $230 billi .. n this year as hefty AI bills come under scrutiny
[ Wed, Feb 05th 2025 ]: MSN
Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports
[ Wed, Feb 05th 2025 ]: CNET
Worried About Data Breaches? Here's How to Freeze Your Credit Right Now
[ Wed, Feb 05th 2025 ]: indepthnh
U.S. Rep. Goodlander Demands Answers About Musk Access to SBA Systems
[ Wed, Feb 05th 2025 ]: Kiplinger
Is Disney Stock Still a Buy After Earnings?
[ Wed, Feb 05th 2025 ]: Kiplinger
AMD Stock Falls Despite Earnings Beat: What to Know
[ Wed, Feb 05th 2025 ]: MSN
Disney price hikes help fuel earnings growth as streaming business posts profit
[ Wed, Feb 05th 2025 ]: AOL
Polestar's CEO: 'Serious' tariff obstacles will limit product choice
[ Wed, Feb 05th 2025 ]: MoneyWeek
MPs launch inquiry into AI and financial services - is it time to regulate the robots?
[ Wed, Feb 05th 2025 ]: Kiplinger
The Two Reasons Alphabet Stock Is Sinking After Earnings
[ Wed, Feb 05th 2025 ]: Forbes
Here Comes The Big, Strong Agentic AI Wave
[ Wed, Feb 05th 2025 ]: MSN
Gemini Daily Horoscope Today (May 21- June 20), February 5, 2025: Confidence will be high!
[ Wed, Feb 05th 2025 ]: Tuko
List of Taxes, Levies CS Mbadi Could Spare from Rate Hikes in Finance Bill 2025
[ Wed, Feb 05th 2025 ]: businessday
Tech, finance, governance on focus at 2025 Omniverse Africa Summit
[ Wed, Feb 05th 2025 ]: Forbes
The Smartest Businesses For 2025: Where The Money Is Now
[ Wed, Feb 05th 2025 ]: Tuko
Africa Tech Summit Nairobi 2025 to Unite Industry Leaders for Innovation and Investment
[ Wed, Feb 05th 2025 ]: AOL
AMD posts Q4 earnings beat, strong Q1 forecast
[ Wed, Feb 05th 2025 ]: Mint
ITC, IndiGo to Bajaj Finance: SBI Securities picks 5 stocks to buy after Budget 2025
[ Wed, Feb 05th 2025 ]: Reuters
Japanese brokerage Nomura doubles third-quarter profit
[ Wed, Feb 05th 2025 ]: Reuters
Sweden's Handelsbanken Q4 net profit beats forecast
Tue, February 4, 2025
[ Tue, Feb 04th 2025 ]: MSN
7 Stocks Owned by President Trump: How Much Do They Cost?
[ Tue, Feb 04th 2025 ]: cnbctv18
Aye Finance partners with Credgenics to enhance debt collection processes
[ Tue, Feb 04th 2025 ]: Forbes
Is The US Economy Slowing? How Might US Trade Be Impacted?
[ Tue, Feb 04th 2025 ]: Reuters
Tariffs News | Today's Latest Stories | Reuters
[ Tue, Feb 04th 2025 ]: Reuters
Companies start counting potential costs of Trump's tariffs
[ Tue, Feb 04th 2025 ]: Forbes
10 Remote Jobs That Pay Up To $200,000+ In 2025

Homeowners, Don't File Your Taxes Till You Check All These Tax Breaks for Your House

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, $29,200 for joint married filers or $21,900 for heads of household or married filing separately -- or itemize deductions, such as gifts to charity and state taxes.
The article from CNET discusses various tax breaks available to homeowners that can significantly reduce their tax liability. It highlights key deductions such as mortgage interest, which allows homeowners to deduct interest paid on up to $750,000 of mortgage debt for loans taken out after December 15, 2017. Other notable deductions include property taxes, with a cap at $10,000 when combined with state and local taxes (SALT), and home equity loan interest if used for home improvements. The article also mentions the potential for deducting points paid at closing, energy-efficient home improvements, and even the costs associated with a home office if it's used regularly and exclusively for business. Additionally, it covers less common but valuable credits like the Residential Energy Credit for installing energy-efficient systems. Homeowners are encouraged to keep meticulous records and possibly consult with a tax professional to ensure they maximize these benefits.

Read the Full CNET Article at:
[ https://www.cnet.com/personal-finance/taxes/homeowners-dont-file-your-taxes-till-you-check-all-these-tax-breaks-for-your-house/ ]