Tax Credits
The Additional Child Tax Credit
A Refundable Tax Credit for ParentsIf you have children, you may be able to lower your tax bill by claiming the Child Tax Credit. The…
Life Events That Can Impact Your Taxes
A change in life circumstances, whether good or bad, can affect your tax return. >> Start Your FREE E-file Here are some instances where you will…
Tax Breaks for Parents
Raising a child is expensive, but you can partially offset some of the expenses by utilizing tax deductions and tax credits that are available to…
Adjusted Gross Income (AGI) vs. Modified Adjusted Gross Income (MAGI)
When it comes to calculating your taxes, you will often hear two different terms regarding income: Adjusted Gross Income (AGI) and Modified Adjusted Gross Income…
The Child Tax Credit
A Tax Break for People Who Have a Qualifying Child One of the most valuable and popular federal tax credits is the Child Tax Credit. For tax…
Income Tax Credits Explained
Learn How Tax Credits Can Reduce What You Owe A tax credit is a dollar-for-dollar reduction in the amount of tax that you owe. For…
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…