What Is Earned Income Credit and Do I Qualify in 2019?

What Is Earned Income Credit and Do I Qualify in 2019?

The earned income credit was implemented to offset the impact of Social Security taxes on low to moderate income taxpayers and to provide them with an incentive to work.

What Is the Child Tax Credit and How Do You Qualify in 2019?

What Is the Child Tax Credit and How Do You Qualify in 2019?

Good news! Your kids might be worth up to $2,000 apiece! Here's how.

Giving Each Electric-Car Maker a $2.8 Billion Taxpayer Subsidy Is Asinine

Giving Each Electric-Car Maker a $2.8 Billion Taxpayer Subsidy Is Asinine

OPINION: The 'Driving America Forward Act' should be called the 'Muscle Cars for Billionaires Law,' and Trump should veto this stupid plan if it ever reaches his desk.

What Is the Self-Employment Tax in 2019?

What Is the Self-Employment Tax in 2019?

The self-employment tax is a tax paid by individuals who are their own bosses - either through owning businesses, being contractors or working as freelancers. But, what is the self-employment tax rate for 2018?

Tuition and Fees Deductions in 2019: How to Qualify

Tuition and Fees Deductions in 2019: How to Qualify

Change is afoot with college-based tax breaks this year - these deductions and tax breaks lead the list.

Property Tax: Definition, Uses and How to Calculate

Property Tax: Definition, Uses and How to Calculate

When you purchase a home or piece of property, the tax you pay annually to local government for municipal services such as police and fire protection is often, fittingly, called property tax.

Tax Extension Deadline 2019: How to File

Tax Extension Deadline 2019: How to File

Filing an IRS tax extension is actually easier than you think - as long as you pay what's owed.

Excise Tax: Definition, Types and Examples

Excise Tax: Definition, Types and Examples

Excise taxes come in many forms, but have one thing in common: they are consumption taxes.

How to Tackle Your Student Loans This Tax Season

How to Tackle Your Student Loans This Tax Season

"What they need to know is that they are able to deduct interest up to $2,500 that they paid on student loans."

Why Child Tax Credits Are Better Than Deductions

Why Child Tax Credits Are Better Than Deductions

There's a new child tax credit parents should keep in mind as they prepare for tax-time.