The TurboTax Blog • Tax Deductions and Credits

Family

School’s Out for the Holidays! 6 Ways to Save On Childcare This Winter

December 17, 2018 July 18, 2019 / TurboTaxBlogTeam

With work, gift hunting, and out-of-town visitors looming over us this holiday season, it can be a scramble to find time to get anything done, especially when your kids are out of school! Before spending all your holiday savings, check...

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Tax Deductions and Credits

Observe Veterans Day with 7 Savings and Tax Deductions Available for Military Families

November 11, 2018 January 4, 2019 / TurboTaxBlogTeam

Veterans Day is a day of celebration and remembrance for all of the Veterans who served our country and those military members still serving our country. In honor of our military members and their families, we would like to share...

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Home

Daylight Savings Time is Ending: Save Money with These Energy Tax Tips

November 3, 2018 January 4, 2019 / Jim Wang

As the days draw shorter and Daylight Savings Time draws to an end, we’re reminded that the end of the year is almost here. You’ve probably already turned on the heat for the first time this winter and it’s time to start thinking about energy bills. There are a number of energy-saving ways to improve your home’s tax efficiency. Here are two of the tax breaks available for 2016.

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Tax Deductions and Credits

Are Your Political Campaign Contributions Tax Deductible?

October 4, 2018 January 5, 2019 / Ginita Wall, CPA, CFP®

The presidential election is here and political ads were jamming the airwaves, and your email and voice mail may have been filled with pleas from candidates for money to help them get elected. We all know that donations to charities are deductible. But if you contributed to a candidate or political party or a PAC (Political Action Committee), is your contribution deductible? In a word, NO

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Tax Deductions and Credits

Breast Cancer Awareness Month: Donations and Tax Deductions

October 1, 2018 July 18, 2019 / Elle Martinez

October is Breast Cancer Awareness month. And because it’s the most common cancer among women in America, getting involved in the effort to fight breast cancer can have a tremendous impact and becoming more informed about breast cancer is easier than...

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Education

Spent Too Much Getting Your Dorm Ready? 4 Savings to Help College Students (or Parents)

September 18, 2018 July 24, 2019 / Jim Wang

With a new college school year underway, it’s comforting to know that you could get some help from Uncle Sam in dealing with the blizzard of college-related expenses that are hitting. The IRS provides a number of education tax credits...

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Education

4 Little Known Tips to Help You Pay School Tuition

August 9, 2018 July 18, 2019 / Jim Wang

According to the College Board’s 2017 – 2018 Trends in College Pricing report, the average full-time student at a four-year nonprofit, private university will pay $34,740 a year in tuition and fees. Add in room and board and the price...

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Home

How Going Green Saves You Green on Your Taxes

May 1, 2018 June 5, 2019 / Philip Taylor

We all know that turning off the lights when you leave a room can add up to big savings on your electric bill. Keeping a moderate finger on the thermostat during the summer and winter months can make a large...

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Family, Tax Deductions and Credits

Familias Multigeneracionales: Las deducciones tributarias y créditos más importantes que no te puedes perder

March 22, 2018 July 23, 2019 / TurboTaxBlogTeam

El siguiente artículo se aplica correctamente para tus impuestos del 2017, los que se deben presentar este año antes de la fecha límite de abril del 2018. Alguna de la información tributaria que aparece a continuación cambiará el próximo año...

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Tax Deductions and Credits