Tax Credits and Deductions for College Students and Parents Paying for college is an expensive venture, but did you know you can take advantage of special tax credits and deductions just for college students and their parents? These benefits come when you file your income tax return. Whatâs the difference? A credit reduces the [...]
Itâs no secret that having a great credit score is beneficial. It makes being approved for loans easier, gets you a lower interest rate, and means you pay less interest overall. But, the benefits of good credit go far beyond just loans. For example, some employers will check your credit score before hiring you. [...]
Each year the IRS releases a list of tax scams that are currently going around. The number of different scams seems to steadily increase each year. Fraudsters are becoming more proficient in their targeting methods. This year, there is more for taxpayers to be mindful of with COVID-19 and economic impact payments setting the stage [...]
Filing your taxes can be a bit of a headache. While many people may have good intentions of filing as soon as they get their W-2s, the reality is people often procrastinate. Then, before you know it, the deadline sneaks up and forces you to reorganize your schedule to make time to file your taxes. [...]
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