Source: IRS.gov Keep the Child and Dependent Care Tax Credit in Mind for Summer Planning During the summer many parents may be planning the time between school years for their children while they work or look for work. The IRS wants to remind taxpayers that are considering their summer agenda [...]
Source: www.irs.gov A tax credit is a dollar-for-dollar reduction of taxes owed. Some tax credits are refundable meaning if you are eligible and claim one, you can get the rest of it in the form of a tax refund even after your tax liability has been reduced to zero. Here [...]
Source: IRS.gov Even though each individual tax return is different, some tax rules affect every person who may have to file a federal income tax return. These rules include dependents and exemptions. The IRS has six important facts about dependents and exemptions that will help you file your 2011 tax [...]
Source: IRS.gov Issue Number: IRS Summertime Tax Tip 2010-17 Inside This Issue Five Tax Tips for Recently Married Taxpayers Are you getting married this summer? If you recently got married or are planning a wedding, the last thing on your mind is taxes. However, there are some important steps you need [...]
Source: Issue Number: IRS Summertime Tax Tip 2010-01 Did you know that your summer day care expenses may qualify for an income tax credit? Many parents who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation. Those expenses [...]
