Also known as EITC or EIC, the Earned Income tax Credit is a refundable credit, meaning that if you owe no tax and you qualify, you will get the value of the credit. The idea is to...
Posted by Karen Munoz, EA on 09/03/2021
It is common for someone to live in one state and have employment in another state. In this case, one might need to file a nonresident tax return if they have earnings in a state they...
Sales taxes are one of the common direct ways to collect tax revenue. Although graduated income tax brackets and rates are complex and confusing for many taxpayers, sales taxes are...
The Taxpayer Advocacy Panel is a Federal Advisory Committee to the Internal Revenue Service (IRS). If you’re a taxpayer and you have important issues that need to be identified...
Estate planning law is slowly but surely catching up to modern technology. In most states, electronic wills are paved its way by the latest development. One that recognizes the...
Posted by Flynn Financial Group Inc on 12/29/2019
Tax identity theft occurs in numerous ways. "Identity theft," as indicated by the IRS, usually involves someone stealing a specific Social Security number (or tax identification...
Posted by Valderas Financial Solutions LLC on 10/31/2019
Several taxpayers have experienced tax-related identity theft. Beneath we clarify what tax-related identity theft is and steps that ought to be considered by any individual who is...
Posted by Debi G Hill, CPA on 10/23/2019
Few out of every odd TAXPAYER CAN claim the earned personal tax credit, yet for the individuals who can, it can give a considerable tax break. The earned annual tax credit, or...
Posted by John Pournaras Agency on 08/28/2019
If you haven’t thought about hiring an Accountant to help prepare your taxes before, you may now have to consider doing it now. It’s important for you to be prepared for...
Posted by Elliot Kravitz, ATP on 04/17/2019