If you work from home, even on a part-time basis, you can probably save some dough come tax time by deducting your home office costs.
Young families, the middle class, and existing home owners benefit from the mortgage interest deduction.
There is a reason why the mortgage interest deduction has stood the test of time. It reflects a core value of America’s citizens.
By reducing the after-tax cost of a mortgage, the deduction encourages home ownership and helps people enter the middle class and live the American Dream.