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Tax Credits

Tax Breaks for Homeowners

Save Money With These Tax BreaksIf you are a homeowner, your home could be a great asset when it comes to doing your tax return.…


The Earned Income Tax Credit (EITC)

A.K.A. The Earned Income Credit (EIC) The Earned Income Tax Credit (EITC or EIC), which has been around since 1975, essentially provides a subsidy for…


What Is the Premium Tax Credit (PTC)?

Offset the Cost of Your Health Insurance PremiumsFamilies and individuals who get their health insurance through the Health Insurance Marketplace may be able to offset…


Tax Tips for the Self-Employed

Special Tax Considerations for Self-Employed IndividualsThe ability to work for yourself and be your own boss is an exciting prospect. Becoming self-employed in your field…


The Additional Child Tax Credit

A Refundable Tax Credit for ParentsIf you have children, you may be able to lower your tax bill by claiming the Child Tax Credit. The…


Life Events That Can Impact Your Taxes

A change in life circumstances, whether good or bad, can affect your tax return.>> Start Your FREE E-fileHere are some instances where you will need to…


Tax Breaks for Parents

Raising a child is expensive, but you can partially offset some of the expenses by utilizing tax deductions and tax credits that are available to…


Adjusted Gross Income (AGI) vs. Modified Adjusted Gross Income (MAGI)

What's the Difference Between Your AGI and MAGI?When it comes to tax returns, you will often hear two different terms regarding income: Adjusted Gross Income…