Interest
https://falconcpa.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 speakeasy speakeasy https://secure.gravatar.com/avatar/1ee8bd3c861e30321e8b5e706cf7b0e5?s=96&d=mm&r=gQuestion: When is interest deductible? Answer: Interest is generally grouped into the following categories: business, mortgage, education, investment, or personal. Except for personal interest, all the other categories may be tax-deductible. Your recordkeeping and your individual situation will determine what category your interest falls into and whether it is deductible. Here are some general guidelines:…
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