Deployed service members must submit their taxes. Fortunately, the Internal Revenue Service realizes that the service members and their families face unique circumstances and offer...
In filing your federal tax return, you can decide to go through the itemized deduction channel or standard deduction method. Standard deduction involves some values defined by Uncle...
It can be an overwhelming thought if you don't know what share of your care insurance policy (Long term) will go to Uncle Sam. This post will shed light on the operation...
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses you...
Business owners must file their tax and send what is due to the IRS the same way individual taxpayers do it. Companies must pay taxes on their profit alongside withholding taxes from...
Posted by Tim Thompson CPA PLLC on 07/24/2020
Health Coverage Tax Credit is a federally funded program designed to assist people certified as displaced workers by the United States Department of Labor, and those who are over 55...
Posted by Don Bell Law on 06/22/2020
You may be eligible for an annual credit adjustment if you received substitute payments in lieu of dividends. During a period in which shares would have earned dividends but were...
Posted by Debi G Hill, CPA on 11/26/2019
Tax season is here, and, unfortunately, a rise in tax scams is likely to come with it. Tax scams can take many different forms, but most tax scams fall under three major categories:...
Posted by Flynn Financial Group Inc on 04/09/2019
In the middle of April, every year, the federal tax return filing season ends. For many American taxpayers, that would mean what seems to be endless forms, pay stubs and a lot of paper...
Posted by Flynn Financial Group Inc on 04/03/2019