Archive - January 29, 2016

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The Issue of Debt: Part 6, Car Loans
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5 Tax Credits You Don’t Want to Miss

The Issue of Debt: Part 6, Car Loans

The Issue of Debt: Part 6, Car Loans After I graduated from college, and before I was to report to Ft. Eustis, for my first bit of Army training, I bought my first car; a beautiful white Ford Mustang. I figured with a guaranteed three year employment, I could swing a three … Continue reading The Issue of Debt: Part 6, Car Loans Read More

5 Tax Credits You Don’t Want to Miss

As individuals begin to file their tax returns for 2015 here are some tax credits that some individuals may qualify for to help reduce, if not eliminate their tax liability.

  1. Child Tax Credit. This credit may be worth up to $1,000 per child, depending on income. The child must be under age 17 at the end of 2015, as well as be a dependent and a US citizen. Additional information can be found in Publication 972.
  1. The American Opportunity Tax Credit. This tax credit for education expenses is allowed for parents for up to the first four years of post-secondary
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