Seven Reasons Taxpayers Should E-file Their Taxes in 2017
Seven Reasons Taxpayers Should E-file Their Taxes in 2017Taxpayers who still file paper returns may find now is the best time to switch to e-file. Last year over 85 percent of taxpayers filed their taxes electronically. E-file is the fastest and safest way to file.Here are the top seven reasons a taxpayer should file electronically […]
Claim the Earned Income Tax Credit
Claim the Earned Income Tax CreditThe Earned Income Tax Credit has helped workers with low and moderate incomes get a tax break for 40 plus years. Yet, one out of every five eligible workers fails to claim it. Here are some things taxpayers should know about the EITC: Taxpayers can also get free help preparing […]
How Exemptions and Dependents Can Reduce Taxable Income
How Exemptions and Dependents Can Reduce Taxable IncomeMost taxpayers can claim an exemption for themselves and reduce their taxable income on their tax return. They may also be able to claim an exemption for each of their dependents. Each exemption normally allows them to deduct $4,050 on their 2016 tax return. Here are seven key […]