Tax Credits & Deductions

Child Care Tax Credit 2010: Qualifications for Dependent Care Credit

March 28, 2011

Did you pay someone to watch your child, spouse or other dependent during the 2010 tax year? If you did, you may be eligible for the Child and… Read More

Tax Credits, Benefits and Deductions for Disabled Taxpayers

February 23, 2011

If you are a taxpayer and have a disability or have a child or other dependent with a disability you may qualify for numerous tax deductions and credits… Read More

Education Tax Credits: Credits to Offset the Cost of Higher Education

February 11, 2011

The costs of higher education can be staggering.  Thankfully, there are two tax credits available to help families offset the cost of higher education for either your own… Read More

Making Work Pay Tax Credit for 2010

December 30, 2010

President Obama introduced the Making Work Pay Tax Credit in an attempt to reduce the tax burden on middle class Americans, but this tax credit is scheduled to… Read More

Tax Credits to Keep in Mind for 2010 Taxes

June 14, 2010

While it may be too late to take advantage of tax credits for 2009, now is the best time to look forward to next year. If you know… Read More

Making Work Pay Credit Will Most Likely Cause IRS Back Taxes

November 19, 2009

At the beginning of this month, the Treasury Inspector General released a report describing the negative effect that reduced withholding associated with the Making Work Pay Credit (MWPC)… Read More