Posts from: Tax News

Tax Tips 2017: Education Tax Incentives

Education Tax Incentives College can be stressful. But it can lead to some major tax benefits when it comes to tax season. There are misconceptions of what is deductible when it comes to school expenses. There are three categories to look at for you... (more...)

Business Tax Help 2017: Preparing for Expiration of Certain Deductions

Preparing for Expiration of Certain Deductions Certain tax deductions are allowed for a certain amount of time to help induce an action. Whether it is spending more in one industry or stimulating the economy. Unfortunately, these temporary deductions,... (more...)

Tax Tips 2017: Student Loan Debt

Student Loan Debt School loans can total up to be a large sum of money. In addition to that there is interest that must be paid as well. Luckily, you are able to write of the amount of interest you paid that year on your taxes up to $2,500. This deduction... (more...)

Business Tax Help 2017: Vehicles for Business Use

Business Use of Vehicles When it comes to using a vehicle for business, there are two things you should keep track of: mileage and depreciation. For 2016 the standard mileage rate is 54 cents per mile. This means you should keep track of your business... (more...)

Tax Tips 2017: Child and Dependent Care Credit

Child and Dependent Care Credit Looking for someone to watch your children can be difficult while you are working or looking for work. That is why the IRS has a tax credit that may help cut your tax bill quicker than a simple deduction. This credit applies... (more...)

Business Tax Help 2017: Business Property and Depreciation

Business Tax Help 2017 The goal for doing taxes for your business is simple; maximize your tax benefits to minimize the amount of taxes you have to pay. But with tax laws always changing, how can you ensure that your tax plan is still the best option? That... (more...)

Tax Tips 2017: Moving Expenses

Moving Expenses Moving into a new home to take a new job that requires you to change cities or states can be a lot to handle. There are many things that you have to take and it can be hard to keep track of it all. Something you should not forget is that... (more...)