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Things to Know this Tax Season

Things to Know this Tax Season


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Many of us will be effected by the changes for claiming child dependents.

There are new tax benefits for hurricane victims and charitable givers.

There are also things like the Alternative Minimum Tax and Earned Income Tax Credit that could effect you in the end.

Taxpayers are cheating themselves out of hundreds of dollars because they're missing out on these deductions and credits.

Joan Ruff, H&R Block: "It's billions of dollars total for all taxpayers, which would come down to about 400 to 450 dollars for the average family."

Some more tips

  1. Know what you're entitled to.
  2. Be organized-- have all your records in order.
  3. File early. You don't want to be rushing in the end. There's a greater chance you could miss out on something or make mistakes. By the way, you can start filing this Friday the 13th.

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