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The Best Tax Deductions for Your Business
Buisness

The Best Tax Deductions for Your Business

It’s important to know the best tax deductions for your business. You can deduct the cost of many things as a small business. For example, ...
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Charitable Deductions | Everything You Need to Know
Deductions

Charitable Deductions | Everything You Need to Know

Have you sent in a charitable donation and wonder if it will count as a tax deduction? The rules for this are a little complicated ...
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What is the Standard Deduction and How Does it Work?
Uncategorized

What is the Standard Deduction and How Does it Work?

The standard deduction is a specific amount decided upon by the Internal Revenue Service (IRS) each year to help lower the taxable income of taxpayers. ...
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Tax Credits | What You Need to Know When Filing
Tax Credits

Tax Credits | What You Need to Know When Filing

Tax credits are tax breaks offered by the IRS that allow you to reduce your tax liability by the amount of the tax credit. Tax ...
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What are Refundable Tax Credits
Tax Credits

What are Refundable Tax Credits

If you are looking to reduce your tax bill, you may want to see if you qualify for a refundable or partially refundable tax credit. ...
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The Child Tax Credit
Tax Credits

The Child Tax Credit

The Child Tax Credit (CTC) was created to help families with the cost of having children by offering a partially refundable tax credit. For the ...
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Child and Dependent Care Tax Credit | What is It?
Tax Credits

Child and Dependent Care Tax Credit | What is It?

The Child and Dependent Care Tax Credit is another great tax credit you should try to take advantage of (if you qualify). It was created ...
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Health Coverage Tax Credit
Tax Credits

Health Coverage Tax Credit

The Health Coverage Tax Credit allows you to have 72.5% of your qualified health insurance coverage premiums to be paid directly to your health plan ...
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COVID-19 Tax Changes | What You Need To Know
Filing Taxes

COVID-19 Tax Changes | What You Need To Know

Because of the COVID-19 pandemic, the government has made several laws and adjustments to the IRS code. This helps American taxpayers who were adversely affected ...
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The Additional Child Tax Credit
Tax Credits

The Additional Child Tax Credit

The Additional Child Tax Credit (ACTC) is a tax credit for taxpayers who get less than the full amount of the Child Tax Credit. This ...
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residential energy-efficiency tax credits
Tax Credits

The Best Resident Energy-Efficient Tax Credit

Have you made energy-saving upgrades in the past year? If you have, you may be eligible for a tax credit that can save you big ...
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Earned Income Tax Credit | What You Need To Know
Tax Credits

Earned Income Tax Credit | What You Need to Know

The Earned Income Tax Credit (EITC) was created for low to moderate-income families. The more children you have, the greater the amount of the EITC ...
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7 Things the IRS Doesn't Want You To Know cover

7 THINGS THE IRS DOESN'T WANT YOU TO KNOW

Download our guide to ensure you know everything you need to and are prepared to deal with the IRS.