Tax Deductions
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…
How to File Your Federal Tax Return
Information About Filing Your Annual Income Tax Return With the IRSYou have two options for filing your Federal income tax return (IRS Form 1040). You…
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…
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…
Tax Breaks for Charity Work
Income Tax Deductions for Charitable Contributions As you may already know, the IRS provides tax deductions for charitable contributions that you make to a qualified…