Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes. Here are several tips from the IRS for newlyweds. [Read More...]
Congratulations to the TaxSlayer.com Dale Jr. Ride Along Sweepstakes Winner, Samantha Kirby! The Dale Jr Ride Along Prize Package Includes: A three lap Ride Along with Dale Jr. at the Charlotte Motor Speedway on October 14, 2013; Tickets for One Winner and a guest to the Nationwide Series and Sprint Cup Races in Charlotte on October 11-12, 2013; and A Track Tour of the Charlotte Motor Speedway, and a meet and greet/question &answer session with Dale Jr. [Read More...]
Whether you are self-employed or an employee, if you use a portion of your home for business, claiming the home office deduction is now easier. Beginning in tax year 2013, taxpayers may use a simplified option when determining the deduction for business use of their home. It is important to note that this simplified option does not change the criteria for who may claim a home office deduction. It merely simplifies the calculation and recordkeeping requirements of the allowable deduction. [Read More...]
Did you know that the Child and Dependent Care Tax Credit can help to offset the cost of your child’s day camp this summer? Along with the lazy, hazy days of summer come some extra expenses, including summer day camp. But, the IRS has some good news for parents: those added expenses may help you qualify for a tax credit.
Summer day camp is considered a childcare expense; however, overnight camps, summer school and tutoring do not qualify. Here is what you need to know about the tax credit available for child care expenses. The Child and Dependent Care Credit is available for expenses incurred during the summer and throughout the rest of the year. [Read More...]
25. May 2013 00:58
Author: Ashleigh Rhodes
DID YOU KNOW…About 45 million of Americans claim more than $1 trillion worth of tax deductions; however,billions of dollars are lost annually because of missed tax deductions and credits. Start increasing your refund today with TaxSlayer Money Compass. [Read More...]