Family and Taxes
January 5, 2015
Many parents and people caring for dependent family members can receive a tax credit for expenses paid to care for these individuals. This credit is designed for taxpayers who must pay for a dependent’...
December 29, 2014
During the month of December, consider these year-end tax tips that could save you money when April 15th comes around.
1) Give to Charity
If you plan on a itemizing your deductions, you can reduce your tax liability...
December 15, 2014
November 3, 2014
Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes effect. This means that each and every taxpayer (and family member) is now required to maintain basic health insurance, also called “...
October 30, 2014
Tax credits, available through the IRS, can bring you a substantial savings on your Federal income tax bill.
A tax credit reduces your tax liability dollar-for-dollar. This means that a $500 tax...