Experts share tax tips

CNJ staff

It’s never too early — or too late — to think about taxes.

With the tax year ending in two days, the Internal Revenue Service and local tax preparers have tips to help reduce taxes and possibly increase refunds.

Clovis and Portales Jackson Hewitt Manager Robin Hardage said mortgage insurance that first time home buyers pay is tax deductible.

And home buyers in 2009 can look forward to a limited-time tax credit when they purchase a home between April 9 and June 30, according to an IRS news release.

Hardage also said tax filers who did not receive government-issued stimulus checks this year may be entitled to a recovery credit on their refunds. She said there isn’t a form to apply for the rebate and advises