Tag: credit

Biggest Tax Code Change in 20 years!

The Affordable Care Act (ACA) is one of the biggest changes to the tax code in 20 years. And we’re only beginning to digest many confusing health-care-related tax rules that will directly hit 25 million to 30 million taxpayers. Question: Did

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Scam Artists Lure Victims Promising Outlandish Refunds!

Inflated Refund Claims Remain on the IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax

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The Health Care Law’s Effect on Your Taxes

Nearly everyone is affected by the Affordable Care Act and will need to do something new when filing their taxes this year.  The following chart will help you better understand how the health care law affects you and everyone on your

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It’s tax season. Do you know where your mail is?

During the holiday season a missed or stolen package can be aggravating, which is doubtless why you eagerly watched for deliveries all December, calling the nanosecond you suspected a problem. Unfortunately, many employers don’t send tracking numbers when the packet

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Get Credit for Child and Dependent Care This Summer

Many parents pay for childcare or day camps in the summer while they work. If this applies to you, your costs may qualify for a federal tax credit that can lower your taxes. Here are 10 facts that you should

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Eight Tax Benefits for Parents

Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing taxes this year. 1. Dependents. In most cases, you can claim a

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