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What is the Home Insulation Tax Credit?

filemytaxes January 2, 2022 Tax Credits, Taxes
If you’re like most Americans, you’re trying to find ways to save money on your taxes this year. Well, did you know that there is a tax credit available …
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All You Need to Know About the 1099 Form

filemytaxes January 2, 2022 Tax Forms
All You Need to Know About the 1099 Form
If you have a professional tax accountant on your side, you don’t need to know much about the different tax forms. But it’s always best to learn as much …
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What is the IRS Mileage Rate?

filemytaxes December 27, 2021 Tax Deductions
What is the IRS Mileage Rate?
The IRS mileage rate is typically updated each year, and the new rate for 2022 has just been announced. The current rate is 58.5 cents per mile. If you’re …
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Energy Tax Credits for Home Improvements

filemytaxes December 17, 2021 Energy Tax Credits, Tax Credits
Energy Tax Credits for Home Improvements
It’s time to get ready for the next tax season by knowing what home improvements you can make to qualify for energy tax credits. Home improvements are more affordable …
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How to Claim a Medical Expense Tax Deduction

filemytaxes December 14, 2021 Tax Deductions
How to Claim a Medical Expense Tax Deduction
Medical expenses can damage your budget tremendously, especially when the emergency is unexpected and your insurance does not cover it. The good news is the IRS does allow you …
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Estimated IRS Tax Refund Schedule Dates

filemytaxes December 13, 2021 Tax Refund, Trending
Estimated IRS Tax Refund Schedule Dates
What Are the Tax Refund Schedule Dates? The IRS usually issues 9 out of 10 refunds within 10 days after efiling. The chart below will help you determine the …
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Can You Get the Child Tax Credit if You Have No Income?

filemytaxes November 30, 2021 Child Tax Credit, Tax Credits
Can You Get the Child Tax Credit if You Have No Income?
Millions of Americans don’t care when the tax season begins or ends because they don’t have to file taxes. If you are someone who has little to no income, …
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How Much is the Solar Tax Credit?

filemytaxes November 28, 2021 Energy Tax Credits
How Much is the Solar Tax Credit?
While solar is more inexpensive than ever, it still needs a sizable initial investment. Between $16,000 to $22,000 is the typical price for a six-kilowatt solar energy installation. Fortunately, …
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What is the Child Tax Credit?

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