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Tax Deductions

Tax tips for the end of the year

While you may be focused on hunting holiday presents, this is the time of year when you need to be thinking about the April 15…


Tax Credits

What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…


How to Calculate a Rough Estimate of Your Federal Tax Refund Status

Wouldn't it be nice to know how much you are going to get from the IRS come tax time? It would certainly help when figuring…


Tax Deductions For Education

Lower Your Taxable Income With These Deductions Did you know that there are tax deductions for education? In other words, you could save money on…


Tax Deductions for Homeowners

If you own a home there are many income tax deductions that you can take advantage of.There is no denying that you spend a lot…


Understanding itemized tax deductions

There are certain expenses that qualify as a deduction on your income tax return. These are often times referred to as itemized deductions. Many people…


How Do I Have to Claim My Child as a Dependent?

As a parent, claiming your child as a dependent can help you save money on your taxes. However, the process of claiming your child as…