Tax Credits

Latest Tax Credit Articles

• Biden’s plan to overhaul 401(k) tax breaks — Here’s why it could create a surge into Roth 401(k)s

  Here’s what you need to know about Biden’s 401(k) plan and how it could impact your finances.

  3 min read Sep 29, 2020

  

• $4,000 travel tax credit? Here’s how the ‘Explore America’ stimulus proposal could fund your next vacation

  Here’s what a proposed tax credit for travel could mean for you.

  4 min read Jun 24, 2020

  

• How to take advantage of tax breaks: Game shows and student loans

  All student loan borrowers have to pay taxes, game show contestants or not.

  4 min read Aug 20, 2018

  

• The ultimate guide to saving on child care

  To get help with costs, tap resources, including the government, your employer and day care agencies.

  4 min read Apr 30, 2018

  

• Do you qualify for the lifetime learning credit?

  Did you know you can save on taxes if you qualify for the lifetime learning credit?

  3 min read Nov 14, 2017

  

• The earned income tax credit a boon for those who qualify, but it’s complicated

  The earned income tax credit could wipe out your tax bill plus get you a refund.

  4 min read Mar 16, 2017

  

• Tax credits help with higher education

  Families can get help via the American opportunity and lifetime learning tax credits.

  3 min read Mar 10, 2017

  

• Tax breaks for the unemployed

  While unemployment benefits are taxable, jobless folks may enjoy some tax breaks.

  3 min read Mar 06, 2017

  

• Adopt a child? Be sure to adopt the tax breaks the IRS has for adoptive parents

  Raising a kid is costly, but for adoptive parents, the IRS offers a big tax break.

  4 min read Mar 02, 2017

  

• 6 ways the IRS helps pay for education via tax-favored savings plans, other tax breaks

  These tax breaks can help reduce college costs, and one even helps younger students.

  4 min read Feb 20, 2017