As interest rates plummeted throughout 2020, mortgage refinancing became a major avenue to saving money in the midst of the coronavirus pandemic. But those who took the plunge need to be aware of how opting to refinance could affect their taxes insofar as deductions are concerned. The Mortgage Bankers Association …
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One of the things that add to America’s beauty is its diversity in climatic conditions in different parts. Some places can have sun all year long, and some confront extended winters and freezing cold temperatures. Did you ever wonder what the connecting thread between the two is? A functioning heating/cooling system ( …
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Venmo is rolling out a credit card with a personal QR code that users can show friends when trying to split payments. PayPal Venmo’s new credit card, by design, is meant to appeal to a younger demographic than a flashier card like the Chase Sapphire or American Express Gold Card. …
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The TikTok and WeChat app icons are seen on a smartphone screen. Associated Press NEW YORK — A looming U.S. ban on the Chinese app WeChat won’t target people who use the app to communicate, according to a government court filing Wednesday. President Donald Trump issued orders on Aug. 6 that targeted …
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Refinancing can be a great money-saving move. But it can also impact your taxes both positively and negatively. From a tax implication perspective, refinancing is viewed differently than an initial mortgage. Because it’s seen as “debt restructuring,” the deductions and credits that can be claimed with a refinance aren’t as …
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