Tax Deductions
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…
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…
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…
Tax Benefits for U.S. Military Personnel
Members of the U.S. Military Can Enjoy Certain Tax Breaks Members of the U.S. Armed Forces, particularly those deployed in combat zones, are faced…
Is My Gym Membership Tax Deductible?
With the rising costs of fitness centers, the question might pop into your head from time to time: Uh, is my gym membership tax deductible?…
Tax Benefits for Education (Part 2)
2021-2022 Federal Education Tax Breaks for College Savings Plans This article is second in a series titled “Tax Benefits for Education.” Read the first…
Tax Benefits for Education
2020-2021 Federal Education Tax Breaks for Your 1040 Return There are a number of different education tax benefits that you may be able to claim…
