Working Families Tax Credit
The Working Families Tax Credit is a new tax credit available for low-to-moderate income Washington residents.
Business Use of Your Home | FAQ
Self-employed individuals and small business owners working from home can save money by taking a deduction for business use of the home.
Earned Income Tax Credit (EITC)
The Earned Income Tax Credit (EITC) offers a tax break for eligible low- to moderate-income workers.
Special Tax Considerations for 2021 Charitable Contributions
If you donate to a 501(c)3 organization, then you can claim charitable donation as a deduction on your tax return.
Tax Credits for Higher and Continuing Education
The two credits available to students are the American Opportunity Tax Credit and the Lifetime Learning Credit, however, you can only claim one in a given tax year.
Educator Expense Deduction | A Tax Deduction for Teachers
The Educator Expense Deduction allows eligible educators to claim up to $300, up from $250 in 2021, for unreimbursed expenses related to the classroom.
What You Should Know About the Advance Child Tax Credit Payments
This blog post will go over some information you may want to know about how these payments may affect your taxes next year and why you may want to unenroll for future payments.
Child and Dependent Care Credit (CDCC) | Tax FAQs
The Child and Dependent Care Credit provides a tax break for those who pay expenses relating to child and dependent care.
Advanced Child Tax Credit | FAQs
The Child Tax Credit (CTC) is a credit available to individuals who claim a child as a dependent and meet certain conditions.
Standard vs. Itemized Deductions
Most taxpayers can choose to take the standard deduction or itemized deductions.
Recovery Rebate Credit
Eligible individuals who did not receive these Economic Impact Payments or the full amount may claim them as a credit, known as the Recovery Rebate Credit, on their tax return for 2020.