Tax Extension Filers, Don’t Miss These Tax Credits

The IRS reminds taxpayers who’ve yet to file their 2021 federal income tax return and are on a tax extension, to make sure they take advantage of the deductions and credits for which they’re entitled and to file electronically as soon as possible....

Student Tax Credit

Can You Use A Student Tax Credit?  As the school year approaches, college students wonder if they need to report scholarships or tuition on their tax returns. Undergraduate students are at a lower risk of owing money to the IRS. Everyone attending a college, technical...

Earned Income Tax Credit

The earned income tax credit benefits working people with low-to-moderate income. Last year, the average credit was $2,445. EITC not only reduces the amount of tax someone owes, but may also give them a refund, even if they don’t owe any tax at all. Here are...

Education Credits to Help

Two Education Credits Help Taxpayers with College Costs With school back in session, parents and students should look into tax credits that can help with the cost of higher education. They do this by reducing the amount of tax someone owes on their tax return. If the...