Category: Tax Return Filing
You know the feeling. While the clock is ticking toward half-past-who-knows-when, you’re staring at a stack of tax forms and receipts as your computer dares you to quit. But quitting is not an option when it’s officially Tax Day. Right about then...
As COVID-19 continues to spread throughout the United States, its impact on the health, jobs, and livelihoods of millions can’t be understated. Beyond its very real human toll, coronavirus has been responsible for millions of job losses and countle...
Health insurance is a lot like a flashlight. You don’t always need it, but in an emergency, you’ll regret not having it. And the same goes for the Premium Tax Credit. Unfortunately, healthcare is expensive. From regular checkups or ER visits to o...
Let’s talk tax credits. Ignoring every other complicated equation and factor, your tax bill really comes down to two things: how much you’ve earned and how many expenses you’ve accrued. On the earning side, your income serves as the main fa...
Today, we’re talking about the Lifetime Learning Credit. The decision to take a class or go back to school is a praiseworthy one. Whether or not you’re employed full-time, the rigors of most college-level courses can challenge you. Not only w...
Let’s chat about the Alternative Minimum Tax. Sure, the rules governing taxes apply to all taxpayers. But we all know that in practice, taxes work a little bit differently for everyone. If you have a low income, you may qualify for more tax cre...
Today, we’re covering the Child and Dependent Care Credit. People call parenthood a full-time job, a career, a calling—but whatever they call it, they’re getting at one important reality. Being a parent is hard work. Not only does raising a...
“Should I itemize my deductions?” “Do you take the standard deduction, or itemize?” Not to make too many assumptions here, but there’s a good chance that in the past couple of years, you’ve take the standard deduction. And...
