Tax Credit Archives - Page 6 of 10 - FREE Yourself from IRS Problems

Shamsey Oloko June 29, 2016 Home-Related Deductions, Investment-Related Deductions, Mortgage Interest Deduction, Tax Credit 0

The Most Overlooked Tax Deductions, Part 2

Many taxpayers overlook the long list of deductions that they may take when completing and filing their tax returns. The IRS has estimated that millions of taxpayers overpay their taxes each year because they fail to avail themselves of all…

Shamsey Oloko June 22, 2016 Capital Gains, Capital Losses, Death Benefits, Expenses Deductions, Filing Status, Gains & Losses, Home-Related Deductions, Income Exclusions, Income Tax, Interest Income, IRA, Medical Expenses, New York Estate Tax, Roth IRA, Roth Thrift Savings Plan, Social Security Benefits, Standard Deductions, Tax Credit, Taxable Gain 0

Tax Issues for new Widows and Widowers

It’s a traumatic experience to lose a spouse. While there is little that can be done to replace this physical and emotional loss, the Tax Code provides some relief for newly widowed taxpayers. Here is a summary of some of…

Shamsey Oloko May 24, 2016 Business Expense, Business Expenses, Business Tax Credits, Deductions, State & Local Taxes, Tax Credit 0

Tax Breaks For Small Businesses

The US government defines a small business as one with sales of $7 million to $25 million a year and up to 1,000 employees. There are more than a few tax breaks available for small businesses and many have been…