Services & Tax Tips
What is the Lifetime Learning Credit?
The lifetime learning credit (LLC) is for qualified tuition and related expenses paid for eligible students enrolled in an eligible educational insti
Options for taxpayers with a tax bill they can’t pay
Taxpayers who can’t pay their tax bill by the April 15, 2024, deadline shouldn’t panic. The IRS offers several options to help them meet t
Employer-provided childcare credit
If you provide childcare services to your employees, you may be eligible for this general business credit. It covers qualified expenditures for a chil
Businesses should review Employee Retention Credit rules and resolve incorrect claims soon
The IRS urges businesses to review their eligibility for the Employee Retention Credit because there’s limited time for them to voluntarily resolve
IRS updates Premium Tax Credit FAQ
The Premium Tax Credit is a refundable tax credit designed to help eligible individuals and families with low or moderate income afford health insuran
Understanding the Credit for Other Dependents
Taxpayers with dependents who don’t qualify for the Child Tax Credit may be able to claim the Credit for Other Dependents. They can claim this c