College Students Should Study Up on These Two Tax Credits

This article was published by the IRS. Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who pay higher education costs for themselves, their spouse, or dependents in 2023 may be able to take advantage of two education tax credits. The American opportunity tax credit and the [...]

Pop Quiz! Do You Qualify for an Education Tax Credit?

Class is in session! It's time to learn how education tax credits can help pay for higher education. There are two education tax credits that can help offset the cost of higher education: the American Opportunity Tax Credit and the Lifetime Learning Credit. These can help if you're heading to college, getting specialized job training, or [...]

Making an Appointment for IRS Tax Help

If you want to speak to someone face to face at the IRS, just go to IRS.gov/appointment, then click "find a taxpayer assistance center office." Enter your zip code, and then select what mileage radius you want to search within. Click the "Local Services" link to see if that particular branch has the services you need. [...]

Tax Credits for New Electric Vehicles Purchased in 2022 or Before

If you bought a new, qualified plug-in electric vehicle in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500. The total amount of the credit is based on the vehicle's battery capacity. This credit is available to individuals and businesses. The vehicle must be for you or your business's [...]

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