2020 Archive
Tax Deductions
For parents who are responsible for childcare, handling the cost of bringing up children can be challenging. That’s why the IRS allows you to deduct certain child or dependent …
Tax Credits
The Earned Income Tax Credit bears a kind of clunky name you probably dismiss like some regrettably do. Yet somehow, the complicated tax credit could put actual money into …
Popular in Taxes
Are you looking to get a little extra money back from the IRS this year? If so, you may be eligible for the Earned Income Credit (EIC). The EIC …
Tax Credits
As part of the U.S. government’s push to reduce emissions across the nation, they have made a specialized tax credit available for taxpayers who choose to invest in electric …
Tax Credits
For parents and guardians of dependent children, the Internal Revenue Service (IRS) provides a child tax credit that can help reduce your tax liability for the 2023, 2024 tax …
Popular in Taxes
The day that everyone dreads is almost upon us—tax season! You know the feeling: a knot in your stomach as you realize that you’ll have to piece together all …
Tax Credits
The push for renewable energy adoption has gained momentum worldwide, and the United States is no exception. As part of the efforts to encourage homeowners to go solar, the …
Tax Forms
As a US taxpayer, you are required to file an annual US Individual Income Tax return to comply and report your earnings and tax liability with the Internal Revenue …
Tax
The Tax Cuts and Jobs Act came into force when President Trump signed it. It lowered the corporate tax rate to 21% from 35% at the turn of 2018. …
Tax Calculators
Are you self-employed? Then you have the chance to take advantage of a range of different tax breaks. You have flexibility, but you can also benefit from the same …