Tax Prep Checklist: Everything You Need to File Your Taxes
If you’d rather do something – anything – other than filing your taxes, remember that the sooner you file, the sooner… Read more
All About The Child and Dependent Care Credit
For many working parents, paying for childcare is simply a fact of life. But a portion of those expenses could actually qualify… Read more
6 Ways to Use Your Tax Refund Wisely
Filing a tax return may not be your idea of a good time. But getting your tax refund – and deciding how to use it – can be pretty… 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 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
Deducting Charitable Donations of Clothing and Household Items
The tax laws say that you can deduct charitable contributions worth up to 60% of your AGI. But special rules do apply, depending… Read more
8 Surprising Tax Credits and Deductions You Should Know About
A tax deduction reduces the amount of income you earn that is subject to federal income tax, and a tax credit reduces… Read more
Am I Required to Pay Taxes?
This article is up to date for tax year 2020 (returns filed in 2021).
Taxes are a part of life. There are no loopholes that you… Read more
Tax Deduction for Medical and Dental Expenses
The information in this article is up to date through tax year 2019 (taxes filed in 2020).
If you have significant medical… Read more