Tax Credits

The Latest

  • April 11, 2011

    If you’re in the Gulf region, you've probably had a hard enough day to day life to deal with his year, minus dealing with the headache of paying taxes. As you well know, the oil spill still affects millions of people and has disrupted lives all...

  • April 11, 2011

    If you participated in the First Time Home Buyer (FTHB) tax credit program, which allowed an $8,000 credit for first time home buyers who purchased their residences between January 1, 2009 and April 30, 2010, there are a couple of potential tax...

  • April 11, 2011

    Have you been affected by a natural disaster? Then you may need help from the IRS this tax season. Luckily, they have certain programs in place to help you out! Here are five ways the IRS can help after you've experienced a natural disaster:...

  • April 11, 2011

    Did you incur any educational costs this tax year? Then you may be able to claim the following five credits on your taxes. These could really help when trying to get the most money out of your tax refund.

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  • August 9, 2010

    Generally speaking, tax credit extensions are not common. If you are due a tax credit, make sure you take advantage during the year that you qualify. Along with this, the government is not required to extend any tax credit program. Of course,...

  • August 9, 2010

    Some tax credits do not fall into any broad category. These are miscellaneous tax credits, and knowing about them could be a big advantage at tax time.

    For instance, the Foreign Tax Credit allows you to deduct taxes paid...

  • August 9, 2010

    If you are a person aged 65 or older, or you are disabled, you may be able to claim the Elderly and Disabled Tax Credit on your...

  • August 9, 2010

    Are you planning to put a new roof on your house? Install new doors and windows? Repair an old, leaky water pipe? If these maintenance changes result in a more energy-efficient home, you may be able to write them off your taxes using the home...

  • August 9, 2010

    Companies that hire new employees may be eligible for two new tax incentives ― both of which came into play under the HIRE Act that was signed into law in March of 2010.

    To start, when a company hires a new employee they will not have to...