Christine Hradsky No Comments

IRS Clarification: Home Equity Loan Interest May Still Be Deductible

Home Equity LoanThe IRS recently announced that in many cases, taxpayers can continue to deduct interest paid on home equity loans. The tax agency issued the clarification because there were questions and concerns that such expenses were no longer deductible under the Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, 2017. Read more