Saving for retirement takes effort and sacrifice, especially since most people will need to invest hundreds of thousands or even millions of dollars to provide enough income to supplement...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2022
For a small business owner, tax season can be stressful, and the prospect of paying a large sum of money to the government is not really a pleasant one. That's why small business...
Posted by Pat Raskob on 09/30/2022
Double your tax return with these credits!What's the sweetest thing about doing your taxes? Watching the amount you owe drop drastically and the amount you get back skyrockets!But...
Posted by Tiffany Gaskin on 09/30/2022
A college education can be expensive, but some tax credits are available to help offset these growing expenses. Here's an overview of tax credits and education deductions you should...
Posted by Taxes Made EZ Inc on 09/27/2022
Criminals are not tired of inventing new fraud skills on taxpayers due to the stressful nature of preparing a tax report. The rate at which taxpayers fall victim to scams is alarming,...
Posted by Abundant Wealth Planning LLC on 09/19/2022
Married couples can file federal income tax returns jointly or separately. The IRS encourages couples to file joint tax returns, extending several tax breaks to those who file jointly....
Posted by Abundant Wealth Planning LLC on 09/10/2022
As taxes are concerned, individual taxpayers, service providers, and organizations are privileged to know about the Earned Income Tax Credit (EITC) and disability. The EITC has a significant...
Posted by KLSM CPA Firm PLLC on 09/10/2022
Private tuition is not tax deductible. Parents with children in private schools are not offered direct tuition tax deductions. However, in 2018, there was a rumor of a change in tax...
Posted by Tiffany Gaskin on 09/02/2022
How the Internal Revenue Service defines and calculates different types of income affects the taxes you owe. Modified adjusted gross income (MAGI) is one of them. MAGI also decides...
Posted by Pat Raskob on 08/11/2022
