Be sure to view the Neighborhood Planning Unit-T website/blog for up to date events, news and programs for those in the West End, Westview Communities.
For more info: http://www.irs.gov/newsroom/article/0,,id=215594,00.html
Saturday, May 8th at 11AM start- Rose Circle Beltline to Gordon White Triangle to the Art Festival
www.AtlantaWestFest.com/dogs sign up to get a “Doggy Bag”… come as you are or dress up ! We’ll have music, kids, balloons and FUN seeing our dogs strut their stuff.
Not to mention that I’ll be half the night making these Doggy Bags so you MUST come. LOL…
FREE DAY FOR KIDS! Check out the above link.
See the video stream : http://www.atlantawestfest.com/
The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works.
$9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest)
$2,700 = Property taxes (at 1.5 percent on $180,000 assessed value)
$12,577 = Total deduction
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56
$3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate)
Note: Mortgage interest may not be deductible on loans over $1.1 million. In addition, deductions are decreased when total income reaches a certain level.
Info from: REALTOR.org