7 tax breaks for homeowners you need to know about this filing season
Tax season is upon us. As CPAs and tax attorneys launch into their busy season, millions of Americans are turning to their homes as a tax strategy prime for optimization. Owning a home isn't just about building equity — it's also a chance to cash in on some serious tax breaks. Homeowners are eligible for a series of tax deductions, 'an amount you subtract from your income when you file,' per the IRS.
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