Category: tax-planning

7 Steps to Take Before You File Your Taxes This Year

by Keith-Weiss

Rushing to file your tax return before the deadline may mean making mistakes that could have been avoided. Even now, there is still plenty you can do to plan ahead and prepare before filing your taxes. Here are eight steps designed to help tax filers save money and avoid surprises when filing this year.  Step … Continue reading 7 Steps to Take Before You File Your Taxes This Year

What Is the Difference Between a Tax Credit and a Tax Deduction?

by Keith-Weiss

When it comes to preparing your taxes, the idea of tax credits and tax deductions can be music to any taxpayer’s ears. That’s because both are used to lower the amount of taxes someone owes to the government. While they’re both worth getting excited over, it’s important to understand the fundamental difference between these two … Continue reading What Is the Difference Between a Tax Credit and a Tax Deduction?