Your Business Isn’t an Entity Yet. What Should You Do For Your Taxes?
You may have started your own business this year. Or you may work for yourself. But that doesn’t mean you have an LLC or an… READ MORE
Tax Credits & Deductions
What Counts as a Charitable Donation Deduction for a 5k Run?
Running for a cause is a great way to show support while testing your physical endurance. Serious competitors invest more… READ MORE
Deducting Sales Tax: When Does it Make Sense?
Sales tax is deductible on your tax return. But before you jump in and start writing off what you paid for sales tax this year,… READ MORE
What Are Tax Credits and Tax Deductions?
Tax credits and tax deductions are two different types of tax breaks. Both can lower your tax bill, but they… READ MORE
Do Renters Qualify for a Tax Deduction?
The truth is there is no federal tax deduction for monthly rent – but depending on where you live, you might be able… READ MORE
5 Tax Breaks for Single Parents Going Back to School
Life throws many challenges at you. If you are raising children while trying to earn a degree, there’s no denying your plate… READ MORE
Can You Claim the Earned Income Tax Credit?
The Earned Income Tax Credit (EITC) is a tax credit for low to moderate-income families. If you meet the specific income… READ MORE
The Adoption Tax Credit: Money Back for Growing Families
When you factor in all the legal, medical, and court expenses – plus any related travel and accomodations that might… READ MORE
College Students: Are You Getting Your Education Tax Credits?
The cost of getting through college can be overwhelming. Fortunately, there are tax credits you can claim to offset those… READ MORE
Can I Get a Natural Disaster Tax Deduction?
The damage done by a natural disaster like a hurricane can be devasting. The official hurricane season runs from June to… READ MORE