Dependents

Are you unsure about who can be claimed as a dependent on your taxes? A dependent must either be a “qualifying child” or “qualifying relative”, with different rules for each. Properly identifying your dependents can significantly impact your return. See who can qualify as an eligible dependent on your taxes.

 

Filing Status
Determining which filing status applies to you can be confusing, especially when it comes to choosing the one that will least impact your taxes. Visit the ‘Income Tax Filing Status’ page to see which filing status best suits your situation. 

 

Individual Retirement Arrangement (IRA)
Retirement plans, such as an IRA, can complicate your taxes. Saving for your future is important but so is knowing how your taxes will be affected. See the IRA Tax Guide for all the information that you need to know.   

 

Life Changes and Your Taxes
Did you get married this year or welcome a new addition to your family? During your lifetime, you could experience this and so much more – going to school, buying or selling a home, changing jobs, sending the kids to college. Some of these will lead to deductions or credits, while others are actually taxable themselves. If you’ve had any of these life experiences, see how life’s big events may impact your taxes.  

 

Rental Income & Expenses
Owning a rental property is often a good way to increase your net worth but it does have tax implications.  If you have invested or are looking to invest in a rental property, view the tax rules that will apply to you. 

 

Taxable vs. Nontaxable Income
Were you gifted money during the year, or did you win a prize from a contest? Guide to taxable income and nontaxable income.

 

Earned Income Tax Credit
The Earned Income Tax Credit (EITC) may be available to you if you made below a certain amount during the year. To see if you qualify for this tax credit, click here EIC Tax Guide.

 

Avoiding Tax Problems
Errors are quite common for Americans who prepare their own taxes. With tax rules becoming more strict and IRS penalties on the rise, check out our tips on how you can stay away from IRS trouble by visiting the ‘Avoiding Tax Problems’ page.

 

Mileage Deductions
Did you know that you could be eligible for a deduction if you use your vehicle for business purposes? Keeping accurate records, such as receipts and mileage, will allow you to claim this deduction. See what other ways you can save on your return by viewing the IRS standard mileage rates.

 

Tax Interview Checklist
Our Tax Interview Checklist lists everything you need in order to accurately prepare your tax return.

 

Deductions & Credits 
There are several deductions and credits that you may be eligible to claim. Bring all important tax information about yourself and your family with you to your tax interview. That way, our knowledgeable tax preparers can find the best way to boost your refund or lower your tax liability. Be sure to bring any IRS correspondence or forms that you have received during the tax year. See what deductions and credits may apply to you.

 

Military

Your taxes are the last thing you need to worry about while serving your country. Get the answers to all of your questions concerning your tax return in the Military Tax Guide.