Latest Tax Credit Articles
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Proof for claiming dependents
The IRS rules for claiming a dependent seem simple, but proving it can be complex.
2 min read Oct 07, 2008
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When to claim credit for the kids
The child care credit is not meant to subsidize education, but to allow parents to work.
2 min read Sep 23, 2008 -
Taxes on per diem
When figuring whether or not per diem is taxed, take into account your ‘tax home,’ says CPA George Saenz.
2 min read Sep 16, 2008 -
Same-sex couples denied property perks
The federal government’s stance on same-sex marriages leaves couples without preferential property tax treatment.
4 min read Sep 04, 2008 -
Can big casino comps be offset with gambling losses?
Figuring whether to include casino comps as taxable income is like playing roulette.
2 min read Aug 07, 2008 -
Will HELOC offset investment interest expense?
The deduction for investment interest is limited, but disallowed investment interest can be carried forward on future tax returns.
3 min read Aug 04, 2008 -
What the new housing law means for you
The housing rescue bill offers relief to homeowners and new buyers. Naturally, strings are attached.
7 min read Jul 25, 2008 -
Income limits for IRAs
Income limits rule for spouses who want to contribute to a deductible IRA, says CPA George Saenz.
2 min read Jul 23, 2008 -
Gifts pay off for nonprofits and the donor
You may have to itemize on your tax return, but your gifts to others might just give you a smaller IRS bill.
2 min read Apr 08, 2008 -
Foreign taxes can reduce your U.S. tax bill
If you paid foreign taxes, you have a choice on how to use them to cut your U.S. tax bill.
2 min read Mar 25, 2008
