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Category: Taxes

Personal, Taxes

American Opportunity Credit

The American Opportunity Credit is a credit for post-secondary costs applied to decrease the taxes owed by a student, their spouse, and/or a dependent. The credit is designed to help qualifying low to moderate income persons cover the significant fees related to post-secondary education.  Continue reading American Opportunity Credit

deceptivelyblondeJanuary 9, 2023February 23, 2023Leave a comment
Personal, Taxes

2022–2023 Standard and Itemized Deductions

An introduction to the standard and itemized deductions that all taxpayers should know, as well as the established rates for 2022 and 2023. Continue reading 2022–2023 Standard and Itemized Deductions

deceptivelyblondeDecember 21, 2022February 23, 2023Leave a comment
Personal, Taxes

2022 – 2023 Income Tax Brackets

An introduction to income tax brackets that all taxpayers should know, as well as the established rates for 2022 and 2023. Continue reading 2022 – 2023 Income Tax Brackets

deceptivelyblondeDecember 6, 2022February 23, 20231 Comment
Personal, Taxes

Medical Expenses Checklist

Qualifying medical expenses paid out of pocket can be deducted on taxes for taxpayers who itemize their deductions. With dozens of potential expenses to consider, we offer a starting point in the checklist below. Here, you will find some of the most commonly identified expenses as listed in the IRS Publication 502. Continue reading Medical Expenses Checklist

deceptivelyblondeJuly 3, 2022February 23, 2023Leave a comment
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