Do you have or will soon have children heading off to college? If so, you may want to review information from the Internal Revenue Service (IRS) regarding college education expenses. For example, the IRS offers income tax deductions and education credits for college tuition and other education … [Read more...] about How to offset college costs with tax deductions and education credits
Taxes
It’s not too late to add to 2017 IRA and save on taxes
With 2017 over, taxpayers may think it's too late to stash earnings in a retirement account and get a tax deduction for the year. But 2017 contributions for many kinds of retirement accounts can be made up until April 17, 2018, or whenever you file your taxes, and some can be made even later by … [Read more...] about It’s not too late to add to 2017 IRA and save on taxes
7 tax return tips from a tax pro
April 15 –tax day – isn’t all that far away, and a lot of taxpayers are not sure how the recent action (or inaction) by Congress affects this year’s tax return. Not to worry, says master tax advisor Mary VanDersarl, who has been doing taxes for H&R Block for 25 years. But there are some changes … [Read more...] about 7 tax return tips from a tax pro
