In this episode of "The Tale of the Complicated Household," learn more about who can claim the Earned Income Tax Credit. Don't forget that the law about who can claim a child changed over the last few years. If a parent and non-parent both meet EITC requirements, the non-parent must have the higher AGI. If you [...]
This humorous IRS video explains what does - and does not - constitute as a qualifying child when trying to claim the EITC. Read Publication 4717 to become familiar with the questions that, by law, tax preparers must ask taxpayers, as well as the documentation taxpayers must provide to verify their filing status and to claim [...]
The IRS recently produced a video showing how qualified manufacturers can update the products associated with their Qualified Manufacturer ID Code. First, go to the Energy Efficient Home Improvement Credit Qualified Manufacturer home page, from the Energy Credits Online portal. Then click on "Go to Maintain Product List." A warning message will appear. Take the necessary [...]
More than 90 percent of identity thieves and data breaches start with a phishing email. Phishing scams pose as a trusted company: maybe your bank, a favorite retailer, or your state tax agency - even the IRS. Here's one way to recognize a scam: the phishing emails tells an urgent story. For example, there's a [...]
Did you know that you can: Easily create an invoice in QuickBooks Online? Access numerous customization options to tailor your invoice to your business? Allow your customers to pay your invoice online? Review the status of sent invoices? This video provides step-by-step instructions to walk you through how to do each of these items. Get ready [...]
