7 tax breaks for homeowners you need to know about this filing season

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7 tax breaks for homeowners you need to know about this filing season

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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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