As a caregiver, you may qualify for a few tax breaks that can save you money, lower your tax bill, and provide some financial relief. […]
4 Tax Breaks When You Care for Aging Family Members Read More
Tax credits are a type of tax benefit that lower your income tax bill and, in some cases, increase your tax refund. There are several different tax credits
What is a Tax Credit? How It Works and How to Claim It Read More
The Tax Cuts and Jobs Act has impacted several important itemized deductions going into tax year 2018. If you’ve itemized in the past, you might
6 Ways to Reduce Your Taxable Income to Increase Your Refund Read More
A tax deduction reduces the amount of income you earn that is subject to federal income tax, and a tax credit reduces your tax bill once you’ve calculated how
8 Uncommon Tax Credits & Deductions To Know Read More
The information in this article is up to date through tax year 2019 (taxes filed in 2020). Individual taxpayers can’t deduct funeral or cremation expenses on their
Are Funeral Expenses Tax Deductible? Read More
