Buying a home is one of the most significant decisions you can make, and it’s likely the largest purchase you will ever make. So it’s no surprise that there are multiple ways you can trip up.

Are you buckling under the burden of tuition costs? Higher education opens up a lot of opportunities, but it also takes a toll on your savings. Fortunately, there are tax credits designed to lighten the load of education expenses. This complete guide to education tax credits will show you how to make the most out of your tax season.

Over on our discussion board, an interesting question arose concerning two popular subjects: student loans and taxes.

5. Payments for care cannot go to your spouse, the parent of your qualifying person or to someone you can claim as a dependent on your return. Payments can also not go to your child who is under age 19, even if the child is not your dependent.

It’s a challenging market for home sellers right now. Buyers have a lot of options—and they don’t have to buy what you’re selling. Your house is likely just one located in a sea of for-sale signs, so you can’t be sloppy about putting it on the market.

Did you know that saving for your retirement can make you eligible for a tax credit worth up to $2,000? If you contribute to an employer-sponsored retirement plan, such as a 401(k) or to an IRA, you may be eligible for the Saver’s Credit. But what is the Saver’s Credit? How do you know if you’re eligible? And how much can you save?

Did you receive unemployment benefits this year? If so, you’ll have to report those payments on your federal income tax return. But how are unemployment benefits taxed? Will you owe taxes on your unemployment insurance benefits? Read on to learn everything you need to know about how unemployment benefits affect your taxes.

Did you pay for medical or dental expenses out of pocket in 2019? If so, we have some good news. You may be able to deduct some of these costs from your taxes. But which medical expenses are tax deductible?

You’re responsible with your credit cards – you use them often, and you pay them off on time. But when a new card or loan with desirable terms and rewards catches your eye, you’re surprised to find that your loan request was denied. What went wrong, and where do you go from here?

What are the chances of getting Jail Time if You Default on Your Credit Cards?