Three Quick Steps to Fix Your Tax Debt with the IRS
So, you’ve found yourself in a financial pickle. Sometimes life happens and you end up owing Uncle Sam more money than you realized. No matter how much tax debt you’ve…
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Tax Debt? What Happens if You Ignore It
I know, we all hate paying taxes. Unfortunately, taxes are one of the things in life that we can’t get out of, no matter how much we may want to.…
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A Look At The Lifetime Learning Tax Credit
The content of this post is not intended to replace the advice of a licensed tax professional. Consult a qualified tax professional for questions specific to your individual circumstances. In today's…
Changes to the 2015 Tax Code You Should Know
Part 2 of 2 In addition to changes in the rules surrounding certain deductions, some popular tax breaks were extended this year beyond their initial expiration date. Here's a look…
What’s The Difference Between a Tax Credit and a Tax Deduction?
If you're relatively new to filing taxes each year, chances are you've heard some terms that may seem interchangeable in the beginning. Two of the most commonly confused terms…
Go Green and Save Some Green
If electric vehicle and other alt-fuel vehicles aren't on the top of your list, you might want to reconsider. Taxpayers who purchase an eligible electric or alt-fuel vehicle can receive…
Build Up Your Retirement Fund With The Saver’s Credit
It might be hard to think about saving for retirement when present-day expenses threaten to derail your budget. If you are a low-to-moderate income person, you can still save for…