The Adoption Tax Credit

  Expanding your family through adoption can be an incredibly exciting and fulfilling experience. People simply want to expand their families and experience the joy of parenting. Further, there are many children in the world waiting for the opportunity of a permanent, loving family. In fact, it is estimated that 135,000 children are adopted every  … Read more

The Work Opportunity Tax Credit

  If you own a business, it is wise to look for ways to save money, such as looking at opportunities for tax deductions and credits. One such opportunity that has been utilized by businesses nationwide is the Work Opportunity Tax Credit (WOTC). Originally created in 1996, this is a federal income tax credit meant  … Read more

Tax Credits vs. Tax Deductions

  Even for people who have been paying taxes for years, it can be difficult to understand or keep track of all of the terminology and concepts that are contained in our tax returns. For many of us, we may hand everything over to our tax-preparer, or answer hundreds of questions from a computer program,  … Read more