IRS.com is not affiliated with any government agencies

Topics

Blog

Understanding the Alternative Minimum Tax (AMT)

The Alternative Minimum Tax (AMT) was originally established to target the wealthiest of taxpayers and was called the 'Millionaire's Tax.'  Established in 1969 (as the…

Tax Deductions For Education

Lower Your Taxable Income With These Deductions Did you know that there are tax deductions for education? In other words, you could save money on…

Tax Deductions for Mortgage Points

Many homebuyers and homeowners take advantage of the federal tax deduction for mortgage points.Mortgage points refer to certain charges that are paid to attain a…

Tax Deductions for Homeowners

If you own a home there are many income tax deductions that you can take advantage of.There is no denying that you spend a lot…

Understanding itemized tax deductions

There are certain expenses that qualify as a deduction on your income tax return. These are often times referred to as itemized deductions. Many people…

How to Claim the Child Tax Credit

  Are you interested in claiming a tax credit for your child? If so, this article explains how you can take advantage of the tax…

The Adoption Tax Credit

  If you have recently adopted a child, you may be eligible to claim the Adoption Tax Credit. This tax credit is provided by the…

The Child and Dependent Care Expenses Tax Credit

Every year, millions of taxpayers take advantage of the Child and Dependent Care Expenses Tax Credit. If you paid someone to care for your child,…