Daniel King's Article in Taxes
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574
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Students and Tax Breaks
The Lifetime Learning Credit is a useful tax relief of up to $2,000 for tuition and fees per year. The credit fully phases out at $122,000 of AGI for most joint returns and $61,000 for most single returns.
Posted on Nov-24-2011
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1651
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What is going to happen if you don’t pay IRS Tax debt?
There are many reasons why people end up owing money to the IRS, weather they had an emergency and couldn’t pay their taxes or miscalculated how much they owe. But once IRS contacts you notifying of your debt, there is only one solution. Tackle these IRS problems head before they snowball into even a bigger problem.
Posted on Oct-25-2011
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