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
A public law (or notary) customary notary is a public official, established by law to serve the public in non-controversial issues generally related to property, acts, prosecutions...
Posted by Debi G Hill, CPA on 08/26/2019
Suppose you think of a company as an unincorporated parallel business. If your business expenses exceed your income, you will have a net loss. You may feel that you can deduct this...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
An annuity is an insurance item that generates income and can be utilized as a feature of a retirement procedure. Annuities are a well-known decision for financial specialists who...
Posted by John Pournaras Agency on 07/29/2019
Collecting, reporting, and paying payroll taxes are among the many responsibilities an employer has as required by federal and state laws. If you are a “responsible party”,...
Posted by YourIRSTaxAdvocate.com on 06/25/2019
A new, higher contribution limits for health savings accounts for 2020 has been announced by the Internal Revenue Service recently. To save courtesy of Uncle Sam, HSAs are the best...
Posted by YourIRSTaxAdvocate.com 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 a result of the changes in the tax rules, dividend income and capital gains have gained much more attractive as streams of passive income for investors who are in the bracket of...
People who claim a standard deduction do not usually have to worry about the latest tax codes. However, when you plan to match your deductions for this tax season, check the latest...
Posted by Debi G Hill, CPA on 05/29/2019