Do You Qualify For Earned Income Tax Credit?
EITC, or more commonly known to taxpayers as Earned Income Tax Credit (or EITC) is a tax benefit to those who fall in the moderate to low income tax bracket. Earned income refers to taxable wages you earn from working for yourself or someone else. Taxpayers qualifying...End Of The Year Reports Are Due
If you have employees, don’t forget to file your IRS 2018 year-end reports. The reports listed below are due by January 31st, 2019. IRS Form 941 for 4th Quarter 2018 – Employer’s Quarterly Federal Tax Return IRS Form 940 for 2018 – Employer’s Annual Federal...Real Estate Rehab and Tax Credits
In December 2017, legislators passed tax reform involving taxpayers who are home- owners looking to restore or renovate old homes or historically important buildings. This rehabilitation tax credit was created to entice property owners to earn tax breaks and credits....A Tax Nightmare
Crave the thrill of scaring yourself silly for Halloween seasons to come? Why wait? Start today on the path to financial doom and destruction! First, get yourself in the right frame of mind. Convince yourself that your measly annual cash flow will never be noticed...Unpaid Taxes Could Mean Prison
A well-known couple from Klawock, Alaska, have both been sentenced to 12 months in Juneau’s federal prison for failing to pay federal taxes incurred for income derived from commercial fishing. In May 2018, Roseann Demmert, and Archie Demmert III settled on a plea...Thanks For Visiting
Thanks for visiting our website! Christy and Toby look forward to speaking with you soon about your tax matters.