Month: March 2019

Reasons to File for a Tax Extension Nashua Homeowner Finds Relief from the Pressure

Written by Paul Belfiore on March 29, 2019. Posted in Blog, Taxes.

If you won’t be able to get your paperwork filed by the April deadline, you will need to file a tax extension. This will give yourself and your tax preparer more time to file, ensuring that there is no missing or inaccurate information. It may work better for everyone’s schedule and by filing for an extension you will avoid any failure-to-file penalties from the IRS.

What Home Improvements are Tax Deductible? Amherst Resident Wonders

Written by Paul Belfiore on March 15, 2019. Posted in Blog, Taxes.

Home improvements made during the same calendar year as selling the home can offer some tax relief from any profit made during the sale. For 2019 there is also one big tax credit for adding energy efficient systems to your home, including solar, geothermal or fuel cell technologies. Improvements done to a home office are also tax deductible.