The Earned Income Tax Credit, or EITC, provides tax benefits to low- and middle-income workers and families. Credit range from $1,502 to $6,728 for fiscal year 2021 and $560 to $6,935...
Posted by Income Taxes and Bookkeeping LLC on 04/30/2022
The federal income tax deadline was April 18, 2022. If you need some more time, you can get an income tax extension by filing IRS Form 4868. This gives you until October 17, 2022,...
Posted by Dennis Jao on 04/24/2022
There's no denying that Covid-19 has changed the lives of millions of Americans. Some people lost their jobs after the permanent closure of their businesses and are yet to get...
Posted by CORE PERFORMANCE on 04/24/2022
Social welfare refers to a range of programs that aid citizens either financially, educationally, or otherwise. These programs or activities are mainly targeted at groups of people...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/17/2022
Whether a bank or a financial institution, depending on the lender, there are various requirements for obtaining a loan. However, there are essentials that the firm always puts into...
Posted by KLSM CPA Firm PLLC on 04/09/2022
Married couples can file federal income tax returns together or separately. The Internal Revenue Service strongly encourages couples to file joint tax returns, extending more tax cuts...
Posted by CORE PERFORMANCE on 04/09/2022
Persons aged 65 and over and those who took early retirement due to disability are eligible for a federal tax credit which varies from $3,750 to $7,500. The senior citizen or disability...
Posted by Dennis Jao on 03/31/2022
If you know you'll get a refund at tax time; filing taxes can be a lot of fun. But if you suspect you owe the IRS money that you don't have, it can be difficult to even begin...
Posted by Rosovich & Associates, Inc. on 03/31/2022
A credit builder loan is a type of loan exclusive to helping people build a positive credit history. It features an installment loan system with fixed monthly deposits; these deposits...
Posted by Tiffany Gaskin on 03/23/2022
