Tax Credits
A tax credit is an incentive that lets a taxpayer reduce the total amount of tax owed. Find out which tax credits are available to you.
Tax Basics
Latest Tax Credit Articles
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Will inherited IRA RMD impact my ability to get the Obamacare premium tax credit?
The distributions you must take from the inherited IRAs likely won’t impact your tax credit.
3 min read Oct 27, 2015 -
Rules for claiming parents as dependents if they just arrived in the US
You need to meet 5 requirements to claim your parents as dependents.
2 min read Oct 20, 2015 -
FSA saves money, cuts taxes
Find out how one of the most popular tax benefits for families, an FSA, can help you.
5 min read Sep 30, 2015 -
Tax breaks dead until Congress revives them
More than 50 tax provisions have expired. Will Congress renew them?
3 min read Aug 26, 2015 -
How do we report taxes on home confiscated via eminent domain?
You can report your home’s sale when the deed transfers, and postpone reporting the gain.
3 min read Aug 18, 2015 -
Does a new roof count toward a tax credit on a solar energy system?
Uncle Sam wants you to have an energy-efficient home and helps pay for certain costs.
2 min read Aug 04, 2015 -
Sales tax holiday in Massachusetts
Massachusetts’ sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Aug 03, 2015 -
Sales tax holiday in Tennessee
Tennessee’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 22, 2015 -
Sales tax holiday Texas
Texas’ sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 22, 2015 -
Sales tax holiday in South Carolina
South Carolina’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 22, 2015