How Life Changes Affect Your Taxes
Ferris Bueller said that “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” Well, the IRS won’t miss out on your life and whatever changes may be at the...
View ArticleTax Credits For Kidnapped Children? Cold Yet Practical
It may seem cold and downright cruel, but it is true. The IRS has tax credits for parents of kidnapped children. Of course, if your child is actually kidnapped, tax credits are the least of your...
View ArticleFederal Tax Child Credit
One may view the tax system as a complicated task. However, tax system is a vital component of the society that one should not ignore, however difficult it may seem. This Federal Tax Child Credit is...
View ArticleTax Deductions for the Unemployed
Being jobless comes with various fiscal considerations, including potential taxes. Some existing tax legislation impose new costs on jobless persons. However, provisions in other legislation may help...
View ArticleFour Ways of Avoiding an IRS Audit
There are various reasons as to why the IRS singles out a tax return for auditing. Business incomes and high income earners are usually more likely to be audited by the IRS as compared to individual...
View ArticleLater Beneficiaries of Homeowners Tax Credit Got a Much Better Deal
The Homeowners Tax Credit was part of the 2008 stimulus package law that endeavored to jump start the American economy after the recession, followed by the mortgage crunch. The credit was set to be an...
View ArticleTax Tips for Home Buyers
Though fewer people are buying homes at the moment, for those who are in the market there are a number of tax breaks available. In fact, for those who haven’t owned a primary residence in the past...
View ArticleTax Credit Amount for Lexus GS 450 Hybrid Issued By IRS
Prior to January 1, 2006, you were restricted to claiming a $2,000 tax deduction if you purchased a hybrid car. Now you can claim a tax credit, which is much more valuable. Conspiracy theorists often...
View ArticleEnergy Efficient Tax Credit Is Alive Once Again!
Every time you turn on the TV, there is continuous news coverage in regards to the fiscal cliff. With the economy at a halt, and tax season looming, getting the most out of every tax credit is a very...
View ArticleTax Credit Calculator
TurboTax’s Tax Return Calculator for 2010, 2011 If you want to have a preview of your 2010 and 2011 income taxes, you should try using these calculators for your tax from TurboTax. TurboTax helps you...
View Article
