Tax Preparation

In order to file your stimulus check on your tax return, you must calculate your recovery rebate credit. In most cases, this credit will be 0. However, certain people are eligible to receive an...

Newborn children provide their parents with a multitude of possible tax benefits. Educate yourself regarding the scope of those that may be available to you. Thoroughly research the rules that...

Do you do your own taxes? Are you confused about all the different educations breaks there are? At times it can be overwhelming when trying to do your own taxes, especially when so many breaks...

The IRS grants tax credits for energy-efficiency improvements to your home. The credit is limited to 30 percent of your costs for property and installation, up to $2,000 for solar electric or...

A low income tax credit, known as the Earned Income Tax Credit, is available in varying amounts for families who make up to $43,000 per year. Understand the eligibility requirements for a low...

Travel expenses can sometimes be claimed to get a tax credit if it is business-related and if the company does not reimburse travel costs. Itemize travel expenses on a tax return with help from an...

There are two main tax deductions for college--the Hope Learning Credit is good for up to $1,800 for the first two years of college, and the Lifetime learning credit is good for $2,000 for several...

The EIC (earned income credit) is for people who make less than $12,880 with no qualifying dependents and are filing single or less than $15,880 with no dependents and are filing jointly, and for...

If you are planning on buying a house in Washington, D.C., you should be aware of a tax credit that can be claimed for doing so. The credit can be taken in the tax year in which you purchased the...

An individual or business can claim a credit on Form 4136 for various nontaxable uses of gasoline and other fuels. You can claim credits for fuel used for various purposes, including mining,...

If you were issued a qualified Mortgage Credit Certificate (MCC) by a state or local government under a qualified mortgage credit certificate program, you may be entitled to take a credit for...

You or your spouse may qualify for education tax credits if either of you were a student at an eligible educational institution. This tax credit is based on the amount of your expenses paid for...