Tax credit for other dependents is a system designed by Uncle Sam in which relations (nuclear and extended families) can qualify for tax credits. With this credit, taxpayers can get...
Posted by Pat Raskob on 03/31/2021
Even though many Americans do not like sending a vast proportion of their hard-earned money to Uncle Sam, many look forward to their tax refunds. Tax refunds can save you a lot of...
Posted by McCool's Tax Service on 02/12/2021
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
Marriage planning is an important event that many dream of, but one element is often overlooked during the preparation process: taxes. If you are planning that special event and haven't...
Posted by McCool's Tax Service on 01/31/2021
In accordance with the TCJA, significant changes have been made to the child tax credit. These changes affect fiscal years 2020 and 2021 and beyond. This article will cover all the...
Posted by Dennis Jao on 01/30/2021
The child tax credit is a credit that can give you up to $2,000 for each qualifying child while a qualifying dependent gets $500. It is a refundable tax credit that diminishes when...
Posted by Rosovich & Associates, Inc. on 12/19/2020
The Earned Income Tax Credit is a unique tax credit that is specifically given to taxpayers who earn low to medium wages. The credit was first introduced in 1975 in an effort to reimburse...
Posted by Daniel P Vigilante CPA and Profit Consultants on 10/29/2020
For parents throughout the United States, adopting a child is something they wait years to do, and a source of great joy. However, the adoption process is not without significant...
Posted by James Financial Services Inc on 10/22/2020
Being a Caregiver is a pretty tricky job that could also take its toll on your pocket. It is like being responsible for someone's well being, hence everything the person needs...
Posted by BEST FINANCIAL GROUP LTD on 10/01/2020
