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Tax Credits

Claiming Dependents On Taxes: A Complete Guide

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Tax_Benefits_of_Claiming_Dependents.mp4"][/video] What is Claiming Dependents on Taxes? For tax purposes, a dependent is anyone who relies on you for financial support and…


Earned Income Tax Credit (EITC): How To Qualify & File

Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…


IRS Code 766: What it Means on Your Transcript

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_IRS_Code_766.mp4"][/video] Taxes and good news seldom come together, but that doesn’t mean it never happens. Case in point, you might one day…


How To Qualify for the $4000 Used EV Tax Credit

It's easy being green, especially when you get a tax credit for it. The time has come for you to buy a new vehicle, at…


The Credit for Employer-Provided Childcare Facilities

Providing Childcare For Your Employees? You may qualify for a huge credit The Credit for Employer-Provided Childcare Facilities is tax credit that encourages employers to…


You Can Now Claim Self Employed Tax Credits for Sick Time & Family Leave

A new tax credit to claim is something you'll never get sick of. What is the Self Employed Tax Credit? Due to the COVID-19 pandemic,…


Want Credit for Saving With Qualified Retirement Plan Contributions? Then Use Form 8880

You know those score multipliers in pinball? Saving for retirement is kinda like that. Are you looking to claim the Retirement Savings Contributions Credit, also…


How to Claim Premium Health Insurance Tax Credits

When it comes to navigating the complex world of tax credits, one area that often confuses individuals is the realm of health insurance tax credits.…