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
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...
This year tax returns are averaging about $185.00 less than last year's returns, according to the IRS. If you claimed one of following, the Child Tax Credit or the Additional...
Posted by Larry Kenneth Hurt on 02/10/2019
The closing dates for filing child tax credit is near and still you are nevertheless no longer prepared for it? It may be a completely stressful situation for you but if you work on...
Posted by Unifirst Financial & Tax Consultants on 04/20/2018
Having a baby and adopting a child are joyous occasions in life. Most events such as welcoming a child have tax consequences that occur during the year that can affect your tax situation.Many...
It is expensive to raise a child. And parents, many times, find it challenging to get the money to take care of their kids. Tax season, however, provides a chance for parents to recoup...
Posted by Accountable Solutions on 02/21/2020
If you want to claim the Child Tax Credit or the American Opportunity Credit (a tuition tax credit), you’ll need to provide additional documentation to your tax preparer. A...
Posted by R Pace Tax Service, LLC on 02/08/2017
