In 2018, for all qualifying adoption expenses up to $13,810 taxpayers can receive a tax credit. The maximum credit is indexed for inflation. Up to the same limit as the credit, taxpayers...
Posted by Flynn Financial Group Inc on 06/04/2019
Form 990 (formally, the "Arrival of Organization Exempt From Income Tax") is a United States IRS form that provides the general population with budgetary information about...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/04/2019
Formerly known as the Retirement Savings Contribution Credit, the savings credit offers a unique tax advantage to low- and moderate-income taxpayers who save for retirement. This credit...
Posted by Roland Zita, CPA on 05/30/2019
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
A lot of people have always dreaded tax fillings and everything that has to do with tax, but when the new tax cuts and jobs act otherwise known as TCJA was eventually passed into law,...
Posted by Debi G Hill, CPA on 05/29/2019
The IRS awards you an automatic half year extension to document your taxes each year, as long as you complete Form 4868. Customarily, government tax returns are expected on April...
Posted by Debi G Hill, CPA on 05/29/2019
The Tax Cuts and Jobs Act, enacted in 2017, brings alterations for 2018 tax returns. Vast numbers of the law's arrangements will influence retirees, and possibly for the better...
Posted by Accounting Advantage, Pa on 05/29/2019
The 2019 Tax season is now fully operational, but that has not made it too late to check out some tax strategies that may reduce your tax bill for 2018. It is not surprising; many...
Posted by Accounting Advantage, Pa on 05/29/2019
Basics of spousal supportWhen married couples file for a divorce, the court may grant spousal support to either of the former spouses, based on either on an agreement reached between...
Posted by LLOYD J CAZES CPA on 05/29/2019
