fiscal cliff

(frankieleon)

Hold Your Horses. Tax Season Will Kick Off Late This Year

We know you’re all just ready to put on your IRS face paint and get into the spirit of Tax Season, but there’s some sad news for tax fans everywhere today — this year’s filing season won’t kick off until Jan. 30, more than a week later than expected. [More]

Well hello there.

Is The End Near For Mortgage-Interest Deductions?

One of the benefits to homeownership has long been the ability to deduct any interest paid on your mortgage on your federal tax return. But with the so-called fiscal cliff looming in the new year, some folks in Washington are considering putting the deduction on the chopping block — or at least on a diet. [More]