Home Improvements and Tax Deductions: CPA Tax Advice

It’s a frequently asked question, “Are my home improvements tax-deductible? “For most people when you’re doing home improvements it’s a personal expense.” according to Jeffrey Levine, CPA and Tax Expert at Buckingham Strategic Wealth, “and so it’s not going to be deductible.”.

“Every situation is different and that’s why our tax system is so challenging because everything centers around facts and circumstances,” says Levine.  Here are some examples of home improvements that may have tax benefits.

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Thu Jun 30 , 2022
Residence improvement retailer Mattress Bathtub & Past, Inc. (BBBY) documented on Wednesday a net reduction for initially quarter that sharply widened from last year, harm by significant transient charges associated to stock markdown reserves and port-associated supply chain expenses. Both equally altered decline for each share and web gross sales […]