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Tax Blog

Tips to help you prepare for tax season

What Taxpayers Need to Know About Higher Education Credits

What Taxpayers Need to Know About Higher Education Credits

Let’s face it: higher education is expensive, whether it’s community college, a trade school, a four-year university or an advanced degree. That’s where higher education tax credits come in.… Read more about What Taxpayers Need to Know About Higher Education Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Explains Educator Expense Deduction

IRS Explains Educator Expense Deduction

The Internal Revenue Service has long allowed educators to deduct part of the cost of supplies and other expenses from their taxes. The total deduction allowed may not sound like much, but educators all over the U.S. have come to depend on this tax break for a little relief.… Read more about IRS Explains Educator Expense Deduction (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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New Tax Pro Account, Other Services Launch on IRS.gov

New Tax Pro Account, Other Services Launch on IRS.gov

The Internal Revenue Service is continuing to move individual income tax features into the digital age. The agency’s latest move gives taxpayers digital control over who can represent them or view their tax records.… Read more about New Tax Pro Account, Other Services Launch on IRS.gov (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance

Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance

New guidance from the Internal Revenue Service attempts to shine a little light on multiemployer qualified retirement plans that got financial help from the Pension Benefit Guaranty Corporation (PBGC), while explaining what that assistance means for participants and beneficiaries.… Read more about Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Taxpayers Now Receiving the Advance Child Tax Credit Payments

Taxpayers Now Receiving the Advance Child Tax Credit Payments

After a dismal winter made darker by the COVID-19 pandemic, millions of American families are getting a little sunnier disposition thanks to advance payments of the Child Tax Credit.… Read more about Taxpayers Now Receiving the Advance Child Tax Credit Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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