Federal Tax Returns
Tax Form 1040: The Basics
U.S. Individual Income Tax Return For the majority of Americans, the most commonly used document for filing a tax return is IRS Tax Form…
The Child and Dependent Care Tax Credit
Federal Tax Break for Households With Children and/or Dependents Many parents and people caring for dependent family members can receive a tax credit for expenses paid to…
The Foreign Tax Credit
There is a tax credit or deduction available for those who have paid taxes on foreign earned income if they also paid U.S. taxes in…
Tax Tips for Year-End Gifts to Charity
Get a Tax Break for Your Qualified Charitable Contributions Giving to charity has two major benefits: it helps those who receive it, and it…
The American Opportunity Tax Credit (AOTC)
Offset the Costs of Higher Education by Reducing Your Income Tax The American Opportunity Tax Credit (AOTC) was originally introduced for tax years 2009 and…
Married Filing Jointly
Tax Considerations for Newly Married Couples you’re getting married, taxes are probably the last thing you want to think about. However, it is still important…
How Are Social Security Benefits Taxed?
Do You Have to Pay Taxes on Your Social Security Income? One thing that many new retirees forget is that they may need to…
The Differences Between Taxable And Non-Taxable Income
Learn the Differences Between Taxable and Non-Taxable Income As many are still recovering from the Great Recession, the idea of having income (or even…
