by blake | Feb 4, 2016 | Helpful Tips
Give some extra thought to these tax credits, because they could pay off if you qualify. Child and Dependent Care Credit – This credit seeks to reimburse for at least part of the cost of care while you’re at work. You can qualify if you paid someone to care for...
by blake | Feb 4, 2016 | Helpful Tips
We know it’s always nice to get that big tax refund check from the IRS. Party time, right? But what if we told you that you were missing out on even more money – simply by giving up that big refund year after year? It boils down to this: If you’re getting a sizable...
by blake | Feb 4, 2016 | Helpful Tips
If you’re a college student (or the parent of one), you should know about some key tax breaks that are available to you when you do your taxes. Let’s take a look. Tax Credits There are two tax credits for higher education. They’re targeted at different types of...
by blake | Feb 4, 2016 | Helpful Tips
One of the most complicated – or at least cluttered – aspects of the tax code is all the different kinds of deductions there are. Above-the-line, standard, itemized … what’s the difference, and which do you qualify for? We’ll look at these three different...
by blake | Feb 4, 2016 | Helpful Tips
You are required to file a federal income tax return if your income is above a certain level. That level varies quite a bit, depending on your filing status, your age and the kind of income you’re reporting. See the table below to see where your situation falls....