Homeownership often comes with the expectation of tax benefits. In practice, those benefits are not automatic. Many depend on what decisions you make during the year, as well as how well you document those decisions. This is where tax advisory services play an essential role. Instead of being reactive at filing time, homeowners who consult with their CPA proactively prior to tax season can better understand which strategies apply to them and which do not.

If you're like most homeowners, real estate is the most valuable financial asset you own. As you make mortgage payments and property values increase, home equity grows, creating opportunities to strengthen economic security and even pass wealth to the next generation.Understanding how to build and use home equity can help you make smart financial decisions that benefit both your present and future.

Did you know that, for many homeowners, a mortgage interest deduction can present a major opportunity to reduce their overall tax burden? It can be incredibly helpful, but it’s vital to understand the intricacies of this deduction to fully reap the available benefits. Explore how the mortgage interest deduction works, who is eligible, and how you can potentially maximize this deduction to the benefit of your financial health. So...exactly how does the mortgage interest deduction benefit homeowners?