Pennsylvania State Income Tax - 2018 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 |  | Tue Apr 03, 2018 | cbsnews.com
Sending a hastily prepared return can be a big mistake, so take advantage of this option -- but do it carefully. |
|  | Tue Apr 03, 2018 | aol.com
The moment of truth is nearly upon those who waited to file their federal income taxes -- Here are a few tips for meeti... |
|  | Tue Apr 03, 2018 | abc7news.com
April 17 is just around the corner. A date you may be dreading if you owe income tax and do not have a clue how to come... |
|  | Tue Apr 03, 2018 | wisebread.com
In 2017, the IRS received 152,235,000 tax returns — and of those returns, more than 73 percent were granted a refund. W... |
|  | Tue Apr 03, 2018 | washingtonpost.com
A new federal calculation reduces by $50 the amount a family can put aside in 2018 in these accounts to pay medical bil... |
|  | Tue Apr 03, 2018 | npr.org
Members of Congress have said they want to loosen rules for health savings accounts. Did they do it in the latest spend... |
|  | Mon Apr 02, 2018 | people.com
In case it's your first year filing or if you just need a refresher on what documents to have handy, keep reading for a... |
|  | Mon Apr 02, 2018 | finance.yahoo.com
Taxpayers can submit their tax returns to the IRS until April 17 this year. Tax refunds typically arrive within 3 weeks... |
|  | Mon Apr 02, 2018 | time.com
With Tax Day 2018 coming up fast, many Americans are deep in tax prep, scrambling to meet this year’s April 17 tax dead... |
|  | 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 |  | Sun Jan 07, 2018
(Tax Cuts and Jobs Act 2018) 2018 Income Tax Changes for individuals explained! (2018 Fed... |
|  | Fri Dec 22, 2017
Did you know that the U.S. federal government collects more than $3 trillion in taxes eac... |
|  | Sat Dec 02, 2017
The Senate passed a $1.5 trillion tax package early Saturday, pushing closer to one of th... |
|  | Thu Nov 16, 2017
House Republicans passed their tax-overhaul bill as Senate tax writers continued to debat... |
|  | Sun Sep 10, 2017
How does Income tax affect my income? 2017 Federal Income Tax Brackets Explained: Step by... |
|  | 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... |
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