A 529 plan and a custody account are personal financial tools that parents use to help their children. The 529 plan includes an investment vehicle designed to raise money for your...
Posted by John Pournaras Agency on 09/26/2019
A taxpayer who adopts a child may meet all requirements for the adoption tax credit. People qualify for the adoption tax credit they adopted a ward and paid out-of-pocket costs identifying...
Posted by Debi G Hill, CPA on 08/26/2019
The current or former marital partner is where the Social Security benefits go to if the spouse dies, but that depends on certain circumstances. To current spouses, widowed spouse,...
Posted by Flynn Financial Group Inc on 07/26/2019
The United States provides assistance to needy individuals and families through their social welfare system. The state governments spent about $390 billion the welfare of their residents...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/26/2019
You are entitled to an array of tax deduction and credits if you are disabled. This may result in the IRS sending you money and eliminate your income tax liability. If you have...
Posted by John Pournaras Agency on 06/25/2019
If you’re a homeowner, you may qualify for a federal tax credit provided that you made improvements or installed appliances designed to maximize the energy efficiency of a home....
Posted by John Pournaras Agency on 06/25/2019
As per the Social Security Administration (SSA), 96% of American employees are secured under Social Security. In case you're one of the numerous who is qualified to obtain Social...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/04/2019
You may have noticed the vague and hyphenated names of various IRS forms that seem to have no connection to the purpose they serve. When filing for your tax return, it’s understandable...
Posted by Debi G Hill, CPA on 05/20/2019
There are significant tax benefits to moderate and low-income families who choose to prioritize these long term savings since saving for retirement doesn’t always come easy....
Posted by LLOYD J CAZES CPA on 05/20/2019
