How summer day camp can save you taxes

How summer day camp can save you taxes

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for many families. Did you know that sending your child to day camp might make you eligible for a tax credit? The power of tax credits Day camp (but not overnight...

Before you donate, check charity’s eligibility

Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your tax advantage. After all, you control exactly when and how much you give. But before you donate, it’s critical to make sure the charity...

Selling Your Home: Top ten tax facts to know!

If you make a profit off of the sale of your home, the gain may not be taxable. The IRS has issued ten tax facts you should be aware of if you are selling your home this year:   1.  As stated above, if you have a capital gain on the sale of your home, the gain...