It's Tax Time

It is that time of year again, the time when most people either await eagerly for their checks to arrive or dread because it may mean one more added expense and the act of sitting down and filing your taxes take time out of an already busy schedule.

Due to the economy places like H&R Block and accountants are seeing a shift in clientele. There are many ads on television offering free online services and software.

However, how is this tax year looking for students? Full time students, who spend $4000 worth of qualified expenses, are able to get a $2400 tax credit. To automatically receive the tax credit, some accountants suggest students claim under their parents.

News7 Michelle Frizalone sits down with Benjie Tessier, an accountant in Lyndonville, VT to discuss this tax season.