The United States tax code offers various tax credits and deductions to help individuals reduce their tax liability. One such credit is the Tax Credit for the Elderly or Disabled,...
Posted by Pat Raskob on 11/27/2023
Tax credits, such as elderly tax credit and the disabled, are credits applied to taxes owed. For example, if you owe $2,000 in taxes and have a loan of $700, you only have to pay $1,300....
Posted by Don Bell Law on 01/01/2021
Your business is personal good, has resources within its walls, and has a huge impact on what your organization owes in tax. Unfortunately, this critical perspective is often overlooked...
Posted by LLOYD J CAZES CPA on 08/07/2020
If there’s the best time to offer a reminder about tax filing rules, tax deductions and tax credits especially for people over 65, it is today. The filing time is quickly approaching...
Posted by Accounting Advantage, Pa on 05/20/2019
In December 22/2017 the new tax law called tax cuts and jobs act was approved and passed into law by congress. Due to the change that was associated with the new tax law, a lot of...
Posted by Wright Tax and Accounting Solutions on 04/09/2019
Throughout our society, the Baby Boomers are getting older. As a result, their children are now in the position of caring for these older family members. The expenses that result from...
Posted by Denisha Marino on 01/22/2016
