11 Tax Benefits Of Owning A Home 2025

Does Uncle Sam Want You to Own a Home? Not exactly. The U.S. government doesn’t necessarily push homeownership, but the real estate industry strongly advocates for tax benefits to support it. Several tax incentives exist for homeowners, though they might not benefit everyone equally. With the Tax Cuts and Jobs Act doubling the standard deduction, […]
Federal Income Tax

What Is Federal Income Tax? Federal income tax is a tax levied by the U.S. government on an individual’s or entity’s income. The Internal Revenue Service (IRS) administers this tax, which funds government programs such as defense, education, and infrastructure. How Federal Income Tax Works The federal income tax system operates on a progressive scale, […]