by Candy | Dec 22, 2015 | Community, Taxes
Are you or a dependent student enrolled in higher education? Are you aware you can deduct a portion of your paid college expenses on your tax return? Here is a quick overview of the three main higher education tax breaks. American Opportunity Tax Credit (AOTC): This...
by Candy | Sep 14, 2015 | Communication, Featured, Taxes
If someone in your household is going to college, you may be able to get a refund on your next tax return. Here is some helpful information about education tax credits. The American Opportunity Tax Credit is worth up to $2,500 annually for a qualified student. You can...
by Candy | Sep 11, 2015 | Business, Taxes
Saving enough money for retirement is hard. Its even more difficult when some of your money is taken away by fees that are unseen and possibly unnecessary. Small fees can have a big impact over the long term, and everyone should know what they are paying. All of their...
by Candy | Sep 8, 2015 | Community, Taxes
Often teens take a part-time job but aren’t always aware of the tax rules that apply. Here are a few things your child should understand: Income tax withholdings will be deducted from their pay based on their income and how they completed their W-4 form. Payroll...
by Candy | Sep 1, 2015 | Taxes
Are you aware of all the write-offs you can take on your tax return? There are miscellaneous tax deductions that can reduce the amount of money you owe to the IRS. The taxes could include different expenses you paid for work if you have unreimbursed expenses as an...