The following article was published by the IRS. Most taxpayers can claim one personal exemption for themselves and, if married, one for their spouse. This helps reduce their taxable income on their 2017 tax return. They may also be able to claim an exemption for each of their dependents. Each exemption normally allows them to deduct [...]
[youtube https://www.youtube.com/watch?v=VRRkHB55ung]If you are one of the millions who plan to claim the Earned Income Tax Credit or the Additional Child Tax Credit, there are some things that are important to know. Regardless of when you file your taxes, the IRS is restricted by law from issuing any refunds to those claiming either of these credits [...]
[youtube https://www.youtube.com/watch?v=utbA-8dk9Zw] Identity theft is nothing new. Stealing someone’s mail, fraudulently opening a credit card account, and impersonating someone else using their Social Security number are all common run-of-the-mill tactics. Also common is tax-related identity theft. This is usually discovered when someone attempts to file their tax return only to have their return rejected due to [...]
The following article was published by the IRS. The Internal Revenue Service wants taxpayers with disabilities and parents of children with disabilities to be aware of the Earned Income Tax Credit (EITC) and correctly claim it if they qualify. The IRS says that many with disabilities miss out on this valuable credit because they do not [...]
[youtube https://www.youtube.com/watch?v=ukRWSpqIuGk]We all know that managing our personal finances can be stressful at best. Add to that loans, credit cards, mortgages, and everyday purchases, and the stress only increases. Financial stress can be a burden to anyone, regardless of age. But the more seasoned one is in dealing with their finances, the more they can manage [...]