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Five Tax Credits that Can Reduce Your Taxes

[--- Reading Time: 2 minutes ---]A tax credit reduces the amount of tax you must pay. A refundable tax credit not only reduces the federal tax you owe, but also could result in a refund. Here are five credits the IRS wants you to consider before filing your 2012...

Determining Your Correct Filing Status

[--- Reading Time: 2 minutes ---]It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether you must...