When should I refinance my home?
QUESTION: Dear Taxman - When should I refinance my home? ANSWER: Dear Reader - Refinancing becomes worth your while if the current interest rate on your mortgage is at least 2 percentage points higher than the prevailing market rate. Talk to several lenders to find...
How Long Do I Keep Tax Records?
QUESTION: Dear Taxman - How long am I required to keep my tax records? ANSWER: Dear Reader - You should save all your income tax records for the current year and six previous years. Certain tax records like your income tax returns should be kept permanently. Property...