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Are you a little late on back to school shopping?
There’s some good news for you. States have been cutting you some slack when shopping for items such as computers, notebooks, clothes and even some home goods (for college dorms) for the month of August.
However, it depends on what each state determines which items are tax-free. There also may be a price cap per item to qualify for no sales tax. Let’s take a look at which states still offer tax-free shopping. Continue reading “Can you still get tax free back to school shopping?”
It’s back to school time, so here are some tips for your taxes!
Attention parents:
- Get up to $2,000 for the Child Tax Credit if your child is under 17, resided for more than half the year with you, a dependent on your tax return, your relative, a U.S. citizen, national or resident alien. The refundable amount of the credit goes up to $1,400.
- If your child is under 13, claim the child and dependent care credit for child care expenses.
- Depending on your income, you can claim the Earned Income Credit (EIC).
- The Adoption Tax Credit reduces your tax for fees related to court, attorney, travel and meal expenses. You can also claim the Special Needs Credits for all relating child’s special needs expenses.
- If you’re paying for your child’s college education, claim the Education Credit for tuition, mandatory supplies and related fees.
Continue reading “It’s Back-to-School & Time For Your Refund!”
Don’t wait until the last minute to file your 2017 tax return.
April 18th has passed for the 2018 tax season deadline. However, you can still e-file your tax return until October 15, 2018; the e-file and tax extension deadline. Even if the 2018 tax deadline has passed, those with refunds can still e-file their tax return without any penalties.
On the other hand, individuals with a tax due may end up facing interest, late filing penalties, and failure-to-pay penalties. We advise that you file your tax return as soon as possible so you receive your refund faster.
Can I still file a tax extension?
Continue reading “Can I Still File a Tax Extension for 2018?”
