Tax Credits

The Hope Credit: Where It Went And What Replaced It
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2010/08/Transition_from_Hope_to_AOTC.mp4"][/video] As anyone that’s ever been to college can attest to, higher education can be prohibitively expensive in the U.S. These…
AOTC: What Is The American Opportunity Tax Credit?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2010/08/Untitled_video1.mp4"][/video] Higher education is a worthy pursuit, but it’s also way too costly for most Americans. The American Opportunity Credit (AOTC) can…
The Elderly and Disabled Tax Credit
If you are a person aged 65 or older, or you are disabled, you may be able to claim the Elderly and Disabled Tax Credit…
Tax Credits
Lower Your Taxes By Claiming Tax Credits On Form 1040 Ask anyone and they will surely tell you they pay too much in taxes. Fortunately,…