10th February 2011
Learn how to pay for college with a little help from Uncle Sam!
Here are some key facts you should know about these education credits:
The American Opportunity Credit
1. The credit is a maximum of $2,500 per eligible student.
2. It is availa...
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20th January 2011
Have you received some type of letter or notice from the Internal Revenue Service? If so, it can be scary and often downright intimidating. But rest assured that you're in good company. Every year the IRS mails millions of letters and notices to taxpayers...
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15th December 2010
The IRS requires that you follow these rules if you donate money to charities. Learn about these rules by reading this short article.
1. You must make a charitable contribution to a qualified organization for it to be deductible. To find out if an orga...
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13th December 2010
You may not be thinking too much about preparing your tax return right now, but this is a great time to start planning for next year by making sure your records are organized.
Keeping good records can make filing your return a lot easier and if you do ...
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03rd December 2010
If you own your home and plan to file a 2010 tax return, you can make energy saving improvements now that not only will cut your utility bills but also can reduce your 2010 tax bill.
In 2009 Congress and President Obama expanded two home energy tax cre...
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