Tax Credits

/Tax Credits

Who Can — And Who Should — Take the American Opportunity Tax Credit?

By |March 21st, 2017|

Who can take the American Opportunity tax credit? If you have a child in college, you may be eligible to claim the credit (up to $2,500) on your 2016 income tax return. Learn more about whether you qualify in this blog post.

There’s Still Time for Homeowners to Save With Green Tax Credits

By |July 12th, 2016|

There’s still time to save both energy and taxes by making green home investments. Green tax credits for qualified energy-efficiency investments in a principal residence have been extended through 2016. Learn more about how to save taxes in this blog post.

Can Your Child’s Summer Camp Save You Tax With the Child and Dependent Care Credit?

By |May 17th, 2016|

Many children will attend a summer day camp this year. If your child is one of them, you could be eligible for a tax credit. Learn more about the child and dependent care credit and whether your child's summer activities qualify.

IRS Offers Guidance for Employers Claiming the Work Opportunity Tax Credit

By |March 16th, 2016|

The IRS has recently granted “transitional relief” to eligible employers who are planning to claim the WOTC. The relief outlined in IRS Notice 2016-22 comes in the form of an extended deadline — until June 29, 2016 — to file a form necessary to claim the credit for certain eligible workers. This article explains the WOTC and details the tax credit’s qualifications.

2 Benefits-Related Small Business Tax Credits

By |March 1st, 2016|

Small businesses that offer certain employee benefits might be eligible for tax credits. Learn more about the employee benefits that qualify you for credits and what your business could save in taxes.

How to Max Out Educational Tax Breaks

By |February 16th, 2016|

Are you paying for higher education? You may be eligible for educational tax breaks. Learn more about the savings you might qualify for in our latest blog post.

2 Extended Tax Credits Can Save Businesses On Their 2015 Returns

By |January 5th, 2016|

The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) has extended a variety of tax breaks and credits. In this blog post, learn more about two extended tax credits and whether your business may qualify.