Tag Archives: Tax Benefits

Tax Benefits for Parents

Posted on February 10, 2015 by Camron Hoorfar

While the 2014 income tax season has already begun, be sure to keep these tax breaks in mind if you are a parent: Dependents – You may be able to claim your child as a dependent, earning you a $3,950 … Continue reading →

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2014 Tax Tip #2 – Expired Tax Breaks

Posted on December 16, 2014 by Camron Hoorfar

The following is a list of tax breaks that expired at the end of 2013: Deduction for state and local taxes; Tax-free distributions from IRAs for charitable purposes; Deduction for mortgage insurance premiums; Deduction for tuition; Deduction for mortgage insurance … Continue reading →

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Tax Benefits for the Military

Posted on September 5, 2014 by Camron Hoorfar

Here’s a few tax tips for people who are members of the armed forces: 1. Some members of the military can postpone some tax deadlines if they serve in a combat zone. 2. If you serve in a combat zone, … Continue reading →

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Special Tax Benefits for Armed Forces Personnel

Posted on July 16, 2013 by Camron Hoorfar

If you’re a member of the U.S. Armed Forces, the IRS wants you to know about the many tax benefits that may apply to you. Special tax rules apply to military members on active duty, including those serving in combat … Continue reading →

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