American opportunity tax credit
American opportunity tax credit Many of those eligible for the American opportunity tax credit qualify for the maximum annual credit of $2,500 per student. Students can claim this credit for…
Read moreBack-to-School Reminder for Parents and Students
WASHINGTON ― With another school year now in full swing, the Internal Revenue Service today reminded parents and students that now is a good time to see if they will…
Read moreMoving Can Affect Your Premium Tax Credit
Moving Can Affect Your Premium Tax Credit If you moved recently, you’ve probably notified the U.S. Postal Service, utility companies, financial institutions and employers of your new address. If you…
Read moreThe Individual Shared Responsibility Payment
IRS Healthcare Tax Tip 2014-18, September 9, 2014 Beginning in 2014, the individual shared responsibility provision of the Affordable Care Act requires each individual to: Maintain a minimum level of…
Read moreGetting Married Can Affect Your Premium Tax Credit
Getting Married Can Affect Your Premium Tax Credit The IRS reminds newlyweds to add a health insurance review to their to-do list. This is particularly important if you receive premium…
Read moreNew 1023-EZ Form Makes Applying for 501(c)(3) Tax-Exempt Status
WASHINGTON — The Internal Revenue Service today introduced a new, shorter application form to help small charities apply for 501(c)(3) tax-exempt status more easily. “This is a common-sense approach that…
Read moreIRS Identifies Five Easy Ways to Spot Suspicious Calls
WASHINGTON — The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the…
Read moreAmend Your Tax Return
Don’t worry if you made a mistake on your tax return or forgot to claim a tax credit or deduction. You can fix it by filing an amended return. Here…
Read moreBack-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…
Read moreHighway Use Tax Return Due Sept. 2
WASHINGTON — The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use tax return is due on…
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