Introduction If you paid foreign taxes on income earned outside the U.S., you may be eligible for the Foreign Tax Credit (FTC), which helps avoid double taxation. Under IRC...
Introduction The Saver’s Credit, also known as the Retirement Savings Contributions Credit, helps low-to- moderate-income taxpayers save for retirement by offering a tax credit for contributions to eligible retirement...
Introduction The Lifetime Learning Credit (LLC) is a valuable education tax credit that helps taxpayers reduce the cost of higher education. Under IRC § 25A, the LLC provides a...
Introduction The American Opportunity Credit (AOC) is a valuable education tax credit that helps students and parents reduce the cost of higher education. Under IRC § 25A, eligible taxpayers...