The American Taxpayer Relief Act of 2012 Archives - FREE Yourself from IRS Problems

Shamsey Oloko May 18, 2016 Child Tax Credit, Filing Status, Income, Tax Credit, The American Taxpayer Relief Act of 2012 0

Children And Tax Credits: The Child Tax Credit

The popular $1,000-per-child tax credit was made a permanent part of the tax code by the American Taxpayer Relief Act. Depending upon a parent’s income, the Child Tax Credit is an important and useful tax credit that may be worth…

Shamsey Oloko March 4, 2016 Education Tax Credit, Form 1098-T, Hope Credit, Lifetime Learning Tax Credit, Qualified Education Expenses, Tax Credit, The American Taxpayer Relief Act of 2012 0

Proving Education Tax Break Eligibility In 2016

The American Taxpayer Relief Act of 2012 extended the American Opportunity Tax Credit (AOTC) through December 31, 2017. This tax credit assists with the cost of higher education expenses such as tuition, course materials and other certain eligible fees for…

Shamsey Oloko March 3, 2016 Charitable Contributions, Deductions, Expenses Deductions, Local Income Tax, Mortgage Insurance Premiums, State Sales Tax, Tax Cuts for America Act of 2015, The American Taxpayer Relief Act of 2012, The Tax Relief Extension Act of 2015 0

Congress’ Extension Of Expired Deductions

As 2016 starts to move forward, Congress seems especially less likely to agree on legislation extending all the tax breaks that have currently expired. S. 1946, Tax Relief Extension Act of 2015, generally provides for a two-year extension while the…