Tax Questions for Stay-at-Home Parents Answered
As a stay-at-home parent, you might not be employed in the traditional sense, but you may still have earned income that needs… Read more
Deducting Charitable Donations of Clothing and Household Items
The tax laws say you can deduct charitable contributions worth up to 60% of your AGI. But special rules do apply, depending… Read more
7 Major Life Events That Affect Your Taxes
Buying a home, having a baby, switching jobs, getting divorced, retiring and other life changes can affect your tax situation.… Read more
The Tax Implications of Your Holiday Bonus
There’s nothing that rewards hard work quite like receiving a generous holiday bonus from your employer. But before you… Read more
All About The Child and Dependent Care Credit
The information in this article is up to date for tax year 2022 (returns filed in 2023).
For many working parents,… Read more
Tax Deductions for Medical and Dental Expenses
If you have significant medical expenses that weren’t reimbursed by your insurance plan, you may choose to itemize… Read more
Can You Claim the Earned Income Tax Credit?
The information in this article is up to date for tax year 2022 (taxes filed in 2023).
The Earned Income Tax Credit (EITC)… Read more
7 Tax Deductions for Renters & Credits You May Qualify For
While a small number of tax credits and deductions apply to homeowners only, there are several breaks that you can also claim… Read more
Tax Law Updates to Know for 2023
Changes for the 2022 tax year reflect recent economic changes and some tax law reversals as COVID-19 related tax relief… Read more
Tax Prep Checklist: All the Documents You Need to File Your Taxes
To make the e-filing process quicker, gather your forms and documents before you begin. Remember that the sooner you file,… Read more