Tax day is getting nearer so it’s time to review some of the biggest changes to your taxes this year. An important note: when you file your taxes on or…
Tag: tax credit
Taxes can be confusing:; they are complex and the rules are constantly changing! Because of that confusion and complexity there are some stubborn myths about taxes. Take our Tax Myth…
Tax credits and deductions are two of the few bright spots during tax time since they reduce the amount of taxes you have to pay. Tax credits are an amount…
Nobody wants to pay more taxes than they have to. The two most common ways to reduce what you owe are tax deductions and tax credits. Tax credits reduce your…
Tax time can feel like it’s all bad news but there are two bright spots. Tax credits and tax deductions are types of tax breaks that (generally) apply to those…
A tax credit is an amount that eligible taxpayers can subtract from their taxes owed based on certain criteria determined by the IRS. It is a dollar for dollar reduction…