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Education Tax Credits and Deductions

Tax credits and deductions can help taxpayers with their higher education expenses. Whether you’re a parent paying for your child’s education or you’re a student funding your own education, there is a tax credit or deduction for you. [Read More...]

Wedding Tax Deductions You May Be Eligible For

Tis’ the season for weddings. 30% of all U.S. Weddings take place between May and August. Just tied the knot? Congratulations! We may not have the fancy wrapped 4-slice-toaster you’ve always dreamed of, but we have the best gift all—tax tips! After spending at least 20,000 on your wedding, it wouldn’t hurt to find ways to save. Here are some great tax deductions you may be eligible for. [Read More...]

6 Tips To Make Filing Your Taxes Easier

With all of the events and festivities of the holiday season, we tend to forget that the tax-filing season is right around the corner. There is still a lot of time left until the April income tax filing deadline, but why wait until the last minute to get your affairs in order? In order for you to receive a speedier refund, it helps to file your return as soon as possible. In order to file earlier in the tax season, you can take the steps below to prepare yourself for the tax filing season. [Read More...]

The Fiscal Cliff: Learn How It Could Impact How Much Everyone Owes

Last week we talked about the expiring Bush Tax Cuts and what that could mean for the 2013 tax brackets. Without Congressional action before the end of December, almost everyone will be hit will some type of tax increase. This week we are discussing the list of the expiring benefits and how all taxpayers will be affected. Be sure to check the list for items that will apply to you to get an idea of how your tax situation will be impacted. [Read More...]

Bush Tax Cuts Expiring and What That Could Mean For You

When filing your taxes this upcoming year, you will be filing your taxes for 2012 and therefore can determine the amount of taxes you owe by the 2012 income tax brackets. However, the current Bush-Era tax cuts are about to expire and you may be affected. There are three possible scenarios for the 2013 tax brackets, and Congress has until December 31, 2012 to decide. [Read More...]
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