If you don’t know how to play the IRS’s game, your mortgage deduction could be at risk.
However, if you know your tax law (and we do!), you can mitigate and often eliminate the loss of your deductions.
Want to keep the IRS at bay and save a bundle?
Read my new article titled Tax Tips: Be Alert to Tax Rules That Destroy Mortgage Interest Deductions.
Three ways our fact-filled article can help you:
- We’ll warn you about the dangerous Alternative Minimum Tax (AMT). The AMT is a stealth tax. Lawmakers created the AMT to steal deductions from your regular tax returns and, instead, tax them via the AMT calculation. We’ll show you how to protect your mortgage interest deductions from the stealthy AMT when you read the full article.
- We’ll provide concrete examples of how taxpayers like you lost mortgage interest deductions to the IRS. You really need to see for yourself how Uncle Sam can act like Uncle Slam. We’ll show you how the government closes in for the kill, and what you can do about it, when you read the full article.
- We’ll explain four tax-planning tactics that can keep your mortgage interest deductions safe. Sure, the AMT is bad news. But there’s good news too. If you use the four planning tactics we provide, you can protect yourself and your assets. Want the details? Read the full article.