Income Tax Preparation, Filing, and Resolution | Tax USA

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Back to School Tax Credits

Are you, your spouse or a dependent heading off to college? If so, here’s a quick tip from the IRS: some of the costs you pay for higher education can save you money at tax time. Here are several important facts you should know about education tax credits.

Tax refunds may get hit due to health law credits

Taxes? Who wants to think about taxes around Labor Day? Here’s why: If your income for 2014 is going to be higher than you estimated when you applied for health insurance, then complex connections between the health law and taxes can reduce or even eliminate your tax refund next year.

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