Eligible taxpayers who pay college expenses for themselves, their spouses, or their dependents may be able to take advantage of two 2022 education tax credits. Both the American Opportunity Tax
On Tuesday, the IRS announced that it’s making adjustments to more than 60 tax provisions due to inflation. These changes could result in tax savings for many people next year.
In America, taxes must be paid as you earn or receive income throughout the year. For many taxpayers, this is typically done when our employer pays state and federal taxes
With the explosion in home values over the past year, many taxpayers took advantage of the increased equity in their homes by acquiring home equity lines of credit (HELOC). These
Crowdfunding is an increasingly popular way to raise money for individuals and businesses. But there is both risk and reward for those managing or participating in a crowdfunding venture. Take
The IRS reminds those who haven’t filed their 2021 tax returns yet that they may file electronically when ready instead of waiting until the October 17, 2022, extension deadline. If
Most taxpayers now use e-file to submit their returns. The process is easy to use, especially with the help of tax preparation software. On occasion, however, you may find that