IRS guide gives taxpayers tips on changes, benefits

By

Published:

 

The IRS says it's offering a way for taxpayers to get the most out of various tax benefits and to get a jump on preparing their 2013 federal income tax returns. "Publication 17, Your Federal Income Tax," a 292-page guide, offers details on taking advantage of tax-saving opportunities such as the American Opportunity Tax Credit for parents and college students, and the Child Tax Credit and Earned Income Tax Credit for low- and moderate-income workers.

It also features information about tax changes for 2013, the IRS said in a news release this week, including revised tax rates and new limits on various tax benefits for some taxpayers.