Article by Sandi Lattin Tax credits can help pay the cost of raising a family, going to college, saving for retirement or getting daycare for dependents. But each year, many taxpayers overlook these credits, even though they often qualify for one or more. While tax deductions and tax credits can both save money, they are [...]
Article by Christian Credit One Christian Credit One Debt Help Rising Debt Alarm “A variety of recent studies show that Americans’ debt is rising alarmingly. The debt-counseling, nonprofit organization Myvesta.com, of Rockville, Md., says its average new client now has 11.3 credit cards, compared to 8.1 last year. The clients’ debts rose from an average [...]
The education credit reflects the government’s interest in encouraging people to get an education, it has been generous in offering tax credits for qualified college or post secondary education expenses. First called the Hope Credit and applicable to 2008 or earlier, the new American Opportunity Tax Credit is an expanded education credit that provides additional [...]