The EITC is an important tax credit directed at millions of families across the US. It is one of the most substantial tax credits, making it important for people to access the credit...
Posted by Pat Raskob on 06/18/2021
Tax benefits are available for military personnel and their families. However, these tax benefits are often overlooked. For example, any monthly military payment earned during a combat...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 02/23/2021
What is a dependent?A dependent is a qualified person other than the taxpayer or spouse, who gives the taxpayer the right to request a dependency exemption on their income tax return....
Posted by Income Taxes and Bookkeeping LLC on 02/10/2021
The CTC (Child Tax Credit) is intended to increase the income of parents or guardians of children and other dependents. It only applies to dependents under 17 years of age on the last...
