Subscriptions That Could Actually Be Tax Deductible
In today’s world there are subscriptions for everything. Meals, music, radio, tv, magazines, clothing and more can all… Read more
Claiming Your Parent as Your Dependent
Some adults may care for their elderly parents and qualify to claim them as a dependent on their tax return. This can provide… Read more
What is Form 1099-R?
Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts,… Read more
Property Taxes 101 – Shared Ownership Properties
Sometimes when a property is purchased, there are multiple people sharing ownership. When this happens there are generally… Read more
How Does FAFSA Affect My Taxes?
What is FAFSA?
The Free Application for Federal Student Aid (FAFSA) is a form completed each year by college students… Read more
How to File a Tax Extension with TaxSlayer
When you need extra time to finish your federal tax return, you can file for an extension of time to file with the IRS. It is… Read more
Understanding the Mortgage Interest Deduction
The mortgage interest deduction allows homeowners to reduce their taxable income by the amount of interest paid on a qualified… Read more
7 Ways Claiming a Dependent Can Lower Your Taxes
There are several federal tax breaks for taxpayers who claim dependents on their return. These breaks can reduce the amount… Read more
The Best Tax Preparation Option for Senior Citizens
Taxpayers who are 65 or older have a unique tax situation. A number of things change for you, including your eligibility… Read more
Early Retirement Withdrawals and Your Taxes
Withdrawing money from a qualified retirement plan or IRA is tempting when you’re in need of money for medical bills, home… Read more