Green Energy Tax Credits for Home Improvements and Vehicles
The information in this article is up to date through tax year 2020 (tax returns filed in 2021).
There are several reasons… Read more
Tax Credits
What is a Tax Credit and How Does it Work?
Tax credits are a type of tax benefit that lower your income tax bill and, in some cases, increase your tax refund. There… 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
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
Do Renters Qualify for a Tax Deduction?
While a small number of tax credits and deductions apply to homeowoners only, the fact is there are several breaks that you… Read more
Top 5 Tax Breaks for Parents Getting a Degree
The information in this article is up to date through tax year 2020 (taxes filed in 2021).
If you are raising children and… Read more
Filing Taxes as a Married Couple
The information in this article is up to date through tax year 2018 (tax returns filed in 2019).
Getting married changes … Read more
Before and After Tax Reform: Filing Taxes as a Single Parent
This article is up to date and accounts for tax law changes for tax year 2018 (tax returns filed in 2019).
Divorce or separation… Read more
6 First-time Homeowner Tax Breaks
Buying your first home will probably be your largest purchase to date. It’s exciting to finally own your own space, but it… 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