Federal Education Freedom Tax Credit Moves Forward

Federal Education Freedom Tax Credit Moves Forward

Federal Education Freedom Tax Credit Moves Forward A new opportunity for individuals to support Christian education is one step closer to becoming reality. On October 1, the U.S. Treasury and Internal Revenue Service released proposed regulations for the new Education...
Deduction v. Credit

Deduction v. Credit

As you prepare for taxes this year, you undoubtedly will gather information necessary to possibly receive Deductions, as well as Credits. Both are incredibly important, but Credits are much more valuable. Deductions reduce what is taxed, which reduces tax liability....