Each year the IRS makes changes to tax rates and increases various tax benefits due to inflation adjustments. By law these tax
provisions must be adjusted to keep pace with inflation. Here are some of the tax adjustments for 2013 that may help you keep more money in your pocket when you file your taxes next tax season.
National Earned Income Tax Credit Awareness Day is January 25th and we want to help bring awareness to EITC and remind you that this tax credit can be worth up to $5,800, but you have to file your taxes to get it. Ginita Wall gives us more details on one of the most commonly overlooked tax credits. Full story
Nosotros como madres y padres trabajamos arduamente para poder darles a nuestros hijos la mejor educación, un techo donde dormir, y un plato que comer todos los días. Este esfuerzo tan valioso no es pasado por alto por el Servicio de Impuestos Internos (IRS por sus siglas en inglés). He aquí algunos créditos que están disponibles al preparar tu planilla de impuestos que nos ayudan con el sustento financiero de nuestros hogares y nuestros hijos. Full story
With election day here, refundable tax credits are top of mind for many Americans since they remain a big part of the debate over taxes and the IRS estimated that in 2009 the Earned Income Tax Credit lifted nearly $7 million people out of poverty. Micheal Rubin explains what the Earned Income Tax Credit is and why you shouldn’t miss out on the valuable tax credit. Full story
The earned income tax credit (EITC) provides additional funds to people who, despite working, receive low to moderate incomes. Let’s get right to simplifying it for you here. Full story
It’s Earned Income Tax Credit Awareness Day today and Intuit is helping you become more AWARE of EITC with the release of a free mobile app to help you determine if you qualify for the Earned Income Tax Credit (EITC). Full story
Both deductions and credits reduce how much tax you pay, but how both impact your taxes is quite different. Find out how they are different and find out about the different tax credits available at tax time. Full story
The Child Tax Credit was extended until 2012 and you may be able to reduce your federal income tax by up to $1,000 for each qualifying child. Check out our Child Tax Benefit Infographic to see if you qualify for this and other tax deductions and credits. Full story
Did you know that every year there is upwards of a billion dollars in unclaimed… Full story
Every year, Americans make all sorts of mistakes on their taxes, costing them hundreds, if not thousands, of dollars. And while basic arithmetic errors perpetually top the list (!), here are five of the more valuable money-saving credits and deductions that are often overlooked. Full story
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