What Tax Credits Do I Qualify For This Year?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Claiming tax credits can significantly reduce your tax bill or increase your refund. Many federal tax credits are designed to help families, low-income earners, students, and...
Teachers, Don’t Miss Out on the Educator Expense Deduction!
The Educator Expense Deduction allows teachers, counselors, and other eligible educators to deduct up to $300 annually for out-of-pocket classroom supplies and professional development costs. This deduction can help reduce your taxable income, making your essential,...
Retirement Tax Tips: Minimize Taxes and Maximize Your Income
The information in this article is up to date for tax year 2024 (returns filed in 2025). No matter your age, it’s never too soon to start planning for your future. When considering your retirement, whether it’s around the corner or still decades away, it’s important...
Is Rent Tax Deductible?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Is rent tax deductible? Unfortunately, the answer is generally no for federal taxes. However, there are some exceptions and state-specific rules that might help. In this article,...
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