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).
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.
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.
Did you know that every year there is upwards of a billion dollars in unclaimed federal tax refunds? It may come as a surprise that so many people are leaving their money on the table, but it’s true, and it...
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.
Tax season is well under way, and as you feverishly work toward getting everything together, here are some lesser-known tax facts you might not be aware of: Tax deadline: April 18th! Did you know that you have few extra days...
If you or your spouse served in a combat zone in 2009, you might not be required to file a tax return. But you might want to do so anyway, to claim a valuable tax break that puts dollars in your pocket.