DawsonTimes.com

When it comes to paying taxes and getting everything you’re entitled to, H&R Block tax experts say to ask yourself the following questions.

• Could You Save Money by Itemizing your Deductions?

Itemizing deductions could save you money, and you don’t have to own a home to itemize. H&R Block works with customers to determine whether it is more beneficial to itemize or take the standard deduction.

• Is there a Life Change that Can Impact your Taxes?

Getting married or divorced, getting a promotion, having a baby, buying a home or becoming self-employed are just some of the life events that can affect your taxes. If your situation changes, ask your tax professional how those changes affect your taxes.

• Can You Benefit from the Child Care Credit?

When you add a dependent to your family, even if you’ve maximized contributions to your dependent care benefit plan, you may still find more benefits. You may be able to claim up to an additional $1000 using the child care credit. Ask a tax professional if you qualify.

• Do You Know how to Turn Charitable Donations into Tax Savings?

If you donate clothes or household items to a favorite charity, it’s important to calculate the full value of donation in order to maximize your tax savings.

• Are You Maximizing the Tax Benefits Your Retirement Plan Provides?

Retirement plans offer excellent opportunities to reduce your tax liability. You may also be eligible for a saver’s income tax credit for contributions you make. Ask your tax professional to determine your eligibility.

These are just a few examples of questions you should be able to answer to take advantage of all the tax benefits you might be entitled to. You can call the tax professionals at H&R Block to set up an appointment to review your potential tax savings by calling H&R Block’s Cumming office at (770) 887-1650 or visit www.hrblock.com to find one of your local H&R Block offices. Click the web coupon below for a special offer from H&R Block.

Site Classifieds: tax filing, Tax Preparation