A tax deduction is the right way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total tax bill, for a complete financial...
The vast majority of individual taxpayers will file the Form 1040 to file their taxes. However, there are many other types of forms. The one that works best for you and your...
At EB Tax Consultants, we know that every credit counts when it comes to filing taxes for small businesses. There are a huge number of small business tax credits, and very few...
The Internal Revenue Service has tax benefits for military families with and without children due to their special circumstances. As such if you are from a military family, you...
Issue Number: IRS Security Awareness Tax Tip Number 5
Inside This Issue
Talk to Your Family about Security Online and at Home
For families with children...
In the previous article, we touched base on the various types of allowances and deductions allowed to people serving in the Armed Forces. Notably, exclusion of income of members...
Quite often I get asked what type of tax breaks are our men and women in the military receiving. This is a complicated question because military personnel receive different types...