The child tax credit is a credit that can give you up to $2,000 for each qualifying child while a qualifying dependent gets $500. It is a refundable tax credit that diminishes when...
Posted by Rosovich & Associates, Inc. on 12/19/2020
Article Highlights:General statute is 3 years Some states are longer Fraud, failure to file and other issues can extend the statute Records to dump Record to Keep...
Posted by Ace Plus Tax Resolution on 08/04/2020
Article Highlights:Keeping home improvement records Home gain exclusion amounts Records may be required to avoid taxIndividuals who meet the 2-out-of-5-year use and ownership...
Posted by Ace Plus Tax Resolution on 08/04/2020
Many people may believe that they can get away without filing taxes if they don’t receive any notices in that corresponding year. However, the Internal Revenue Service will investigate...
Posted by Ace Plus Tax Resolution on 07/22/2020
As a taxpayer if you have the intention or have already donated towards your favorite politicians' political campaigns. You might then be wondering if your contributions are tax...
Posted by Affordable Accounting Assistance on 03/08/2019
Overseas accounts are a great way to protect your assets and ensure that you are getting the best rate of return on your investments. While there are many good banks in America, not...
Posted by Patrick O'Hara, EA on 11/11/2016
Filing your tax return is never a fun experience. You want to get it done early or even on time, but you also don’t want to see that big tax bill at the end of the year. Most people,...
Posted by Patrick O'Hara, EA on 04/25/2016
Going to college can be expensive. You have to worry about which classes to take, what your grades say and how to find that internship that is going to push you into the future. All...
Posted by Patrick O'Hara, EA on 04/09/2016
Starting your own business involves plenty of administrative tasks, including setting up your bookkeeping and payroll. However, a new small business might not be able to afford the...
Posted by Patrick O'Hara, EA on 03/27/2016
