Online Tax Filing Blog

The Official Blog of Tax Software


Military Pay Exclusions from Taxable Income


Take advantage of the Residential Energy Credit before it Expires


Qualifying for Earned Income Credit

Qualifying for Earned Income CreditEarned Income Tax Credit (EITC) is a refundable credit. Refundable credits can actually increase your federal refund. Think of EITC as a ‘payment’ the Federal government gives to low- to moderate- income workers to get a break when they do their taxes. The catch is not everyone qualifies for EITC... [Read More...]

Your Standard Deduction amounts for 2010

Your Standard Deduction amounts for 2010Before you efile your federal taxes this year, you may want to take a moment to get to know the standard deduction a little better. A standard deduction is a dollar amount, based on filing status, which reduces income on which you are taxed, with additions for age or blindness. This differs from ite... [Read More...]

Estimated Taxes- What are they and when are they due?

Estimated Taxes- What are they and when are they due?Most people are employees and their employer withholds taxes every paycheck to pay the Federal and State governments. At the end of the year you file your taxes and receive your tax refund. Happy, happy- joy, joy! You are one of the lucky ones. However, things don’t quite work out this way... [Read More...]


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