Pennsylvania State Income Tax - 2017 State Taxes GuideHave you ever made contributions to an IRA account, then wondered if you can deduct that investment from your taxes? The simple answer yes, you can, but only in some cases.It all depends on what kind of IRA you contribute to, and in some cases your income level, and if you are covered by an employer-run retirement account or not. Being on the receiving line of an Internal Revenue Service agents phone call or mailing informing you that your tax returns are being audited is a nightmare that millions of Americans have undoubtedly had. A tax audit can turn an otherwise quiet life upside down and cause undue stress on an individual and their family. Determining whether or not you have to pay taxes on your Social Security benefits really comes down to two factors: 1) your tax filing status, and 2) the amount of your "combined" income. Generally speaking though, you will not have to pay any taxes on your Social Security benefits at all, if that is your only source of income. Most people's goal every tax season is to figure out how to owe as little in taxes as possible. The purpose of this entry is to help you with that. The goal here is to show you a handful of ways that you can potentially lower your tax bracket through various personal deductions, thereby lowering the percentage you are taxed at, and save you money. The Child Tax Credit is one of the most straight forward tax credits that are available for Americans of all tax brackets. First enacted in 1997 and expanded in 2001, this credit has helped offset the cost of raising an eligible child under the age of seventeen.
Pennsylvania Income Tax News & Opinion Articles |  | Fri Mar 24, 2017 | fool.com
Wondering if you can deduct your Medicare costs on your taxes? The short answer is yes, but only if you meet certain cr... |
|  | Thu Mar 23, 2017 | fool.com
We all want to lose less money to taxes. Here's how to hang onto the extra income you've worked hard for. |
|  | Wed Mar 22, 2017 | npr.org
One professor had a way to make filing taxes easy and painless. It worked. |
|  | Tue Mar 21, 2017 | ktar.com
Tax Day is right around the corner, which means criminals are more eager than ever to get their hands on your tax refun... |
|  | Thu Mar 09, 2017 | thestreet.com
The earned income tax credit is often overlooked by taxpayers who did not earn a significant salary the previous year,... |
|  | Fri Feb 24, 2017 | 9news.com
Every direct employee of a company receives a W-2 form in January. The W-2 is the base document that defines your tax o... |
|  | Thu Feb 23, 2017 | time.com
Some normally law-abiding Americans are expected to face hefty fines and even the possibility of criminal prosecution a... |
|  | Wed Feb 22, 2017 | huffingtonpost.com
Tax season is officially in full swing, and the Internal Revenue Service is now accepting and processing 2016 federal i... |
|  | Tue Feb 21, 2017 | forbes.com
Civil and criminal penalties can apply to your taxes, and some IRS tax forms are more important than others. |
|  | Fri Apr 01, 2016 | phillytrib.com
Almost 40,000 out of 209,000 eligible Philadelphians didn’t apply for the Earned Income Tax Credit on their federal inc... |
Pennsylvania Income Tax Videos |  | Thu Mar 23, 2017
From paying a ridiculous amount of our income to taxes to writing contracts and getting c... |
|  | Mon Feb 27, 2017
Kara King Bess of King, King and Associates answers a variety of tax-related questions. |
|  | Sun Feb 05, 2017
In this video we talk about what to expect for Uber tax filing. We highlight the most upd... |
|  | Thu Jan 26, 2017
How to Prepare for Tax Season: When you receive your W-2 in January, many of us resolve t... |
|  | Mon Jan 23, 2017
The IRS will be taking more time to detect and prevent fraud on income tax forms meaning... |
|  | Wed Jun 22, 2016
If you’re an employer, here is an overview about your reporting requirements under the he... |
|  | Mon Jun 20, 2016
See if you can claim the Health Coverage Tax Credit. |
|  | Tue Jun 07, 2016
Learn about the Get Transcript Online tool and its enhancements that protect you from fra... |
|  | Mon Apr 18, 2016
Filing your taxes at the last minute? Hilary Kramer is an editor at GameChanger Stocks, a... |
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