How to get tax benefits from a slowing economy.(Knight Ridder Newspapers)Brown, Jeff
Preparing taxes on your own can be complicated, especially with ever-changing tax laws. Getting help from an expert can make it easier to file your return on time and ensure you're maximizing your tax benefits. But you don’t always need to pay for tax help. Several federal programs, loc...
Browse all tax tips Married filing jointly vs separately Guide to head of household Rules for claiming dependents File taxes with no income About form 1099-NEC Amended tax return Capital gains tax rate File back taxes Find your AGI Unemployment benefits and taxes ...
Tax Filing Tips for College Students Here's what college students need to know about making the most of special tax benefits. Kimberly LankfordFeb. 21, 2025 About Claiming Mileage Tax Deductions Do you drive for business, charity or medical appointments? Here are the details regarding claiming mi...
A guide to salary, benefits and planning for your future, whether you're just starting out or planning for retirement. 7 resources Financial matters for families Your family’s financial needs are always a priority. Learn how you can help coach them about money and banking. 11 resources Ma...
Among the biggest tax benefits available to most investors is the ability to defer taxes offered by retirement savings accounts, such as 401(k)s, 403(b)s, and IRAs. If you are looking for additional tax-deferred savings, you may want to consider health savings accounts (HSAs). You may ...
Most self-employed taxpayers are required to make quarterly estimated tax payments. There are four payment deadlines throughout the year, and you're responsible for figuring out how much you owe in estimated taxes. If you're self-employed, here's everyth
In 2025, the IRSexpanded its Direct File programinto 25 states, with an estimated 30 million taxpayers eligible to use the system. You won't get all the benefits you would from a paid platform or tax professional. But if you qualify and can find what you need, why not take advantage?
Seek professional help: If needed, seek the help of a tax professional or a chartered accountant to ensure that you are complying with the DTAA provisions and taking advantage of the benefits available. Don’t forget to file Form No. 67 within due date for getting the Tax Credit...
The term “tax credit” refers to an amount of money that taxpayers can subtract directly from the taxes they owe. This is different from tax deductions, which lower the amount of an individual’staxable income. The value of a tax credit depends on the nature of the credit. Certain types...