American Tax Service

Helping Americans File Their Taxes

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10 Homeowner Tax Credits and Deductions

Here is a look at 10 tax breaks the government gives to motivate Americans to purchase new homes.

In most cases you can write off all mortgage interest up to $1.1 million for your primary and secondary residences. You can even write off property taxes. Home owners have numerous additional opportunities compared to renters for … Read the rest

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New Tax Deductions for 2017, 2018

Most people don’t realize that certain tax deductions are periodically adjusted. These changes are made for any number of reasons, including shifting inflation figures, changes in legislation, and necessary adjustments made by the federal bank.new tax deductions

While the changes may seem inconsequential, private claimants and businesses alike can benefit from a thorough knowledge of these new … Read the rest

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Capital Gains and Your Home Sale

Capital gains on home and real estateDid you know that one of your best tax breaks available might be selling your home?

Homeowners are already aware that there are numerous tax breaks available during tax season, such as mortgage interest and property tax deductions. However, what many do not know is that a large portion of homeowners who sell their homes … Read the rest

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How to Find My W2 Form Online With H&R Block

By now, you should know how to find your nearest H&R Block Tax Office. However, before making your appointment, do you have everything you need such as your W-2 Form? If not, review below how the H&R Block w2 form Early Access online finder allows you to get your W-2 sent electronically to H&R Block … Read the rest

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Earned Income Tax Credit & Credit Table

Although an incredible number of families currently claim this unique tax break for wage earners with low earnings, the IRS says substantially more qualify for this refundable tax credit yet neglect to take advantage of it.

The guidelines for (EIC) Earned Income Credit Table were recently liberalized; therefore many more families meet the requirements and … Read the rest