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TaxSlayer Congratulates Patrick Reed: Youngest WGC Winner

TaxSlayer Congratulates Patrick Reed: Youngest WGC WinnerPatrick Reed claimed his third PGA title with a one-stroke win in the WGC-Cadillac Championship at Doral. [Read More...]

Can You Claim the Earned Income Tax Credit?

Can You Claim the Earned Income Tax Credit?One-third of the population eligible for EITC changes each year as their personal circumstances change,” said IRS Commissioner John Koskinen. “We want workers who may qualify for EITC for the first time to have all the information they need to get the EITC and get it right.” The Earned Income Tax Credit (EITC) varies depending on income, family size and filing status. [Read More...]

Deducting Your Medical and Dental Expenses

Deducting Your Medical and Dental ExpensesIf you plan to claim a deduction for your medical expenses, there are some new rules this year that may affect your tax return. Here are eight things you should know about the medical and dental expense deduction. [Read More...]

IRS Reminds Individuals of Health Care Choices for 2014

IRS Reminds Individuals of Health Care Choices for 2014Everyone has important decisions to make concerning health care coverage in 2014. Starting in 2014, you must choose to either have basic health insurance coverage (known as minimum essential coverage) for yourself and everyone in your family for each month or go without health care coverage for some or all of the year.If you don’t maintain health insurance coverage, you will need to either seek an exemption or make an individual shared responsibility payment (penalty) for the period that you are not covered with the 2014 income tax return you file in 2015.
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IRS Offers Health Care Tax Tips to Help Individuals Understand Tax Provisions in the Affordable Care Act

IRS Offers Health Care Tax Tips to Help Individuals Understand Tax Provisions in the Affordable Care Act The Internal Revenue Service is offering educational Health Care Tax Tips to help individuals understand how the Affordable Care Act may affect their taxes.The IRS has designed the Health Care Tax Tips to help people understand what they need to know for the federal individual income tax returns they are filing this year, as well as for future tax returns. [Read More...]
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