Archive for March 2015
Who Should File a 2014 Tax Return?
Most people file a tax return because they have to, but even if you don’t, there are times when you should because you might be eligible for a tax refund…
Read MoreCan You Take the Earned Income Tax Credit?
Since 1975, the Earned Income Tax Credit has helped workers with low and moderate incomes get a tax break each year. Four out of five eligible workers claim EITC. Wondering…
Read MorePenalty Relief: Overpayment of ACA Tax Credits
Beginning in 2014, an eligible individual or family member covered under a qualified health plan through a Health Insurance Marketplace (Exchange) is allowed a premium tax credit. The premium tax…
Read MoreUsing a Car for Business? Grab These Deductions
Whether you’re self-employed or an employee, if you use a car for business, you get the benefit of tax deductions. There are two choices for claiming deductions: Deduct the actual…
Read MoreSix Overlooked Tax Breaks for Individuals
Confused about which credits and deductions you can claim on your 2014 tax return? You’re not alone. Here are six tax breaks that you won’t want to overlook. 1. State…
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