Here’s how the credit for other dependents can benefit taxpayers
Taxpayers with dependents may qualify to claim a few different tax credits. One of these is the child tax credit. The child tax credit benefits people whose dependent meets a series of tests. If the [...]
What teachers should know about deducting out-of-pocket classroom expenses
Now that fall is here and school has started, many teachers are dipping into their own pockets to buy classroom supplies. Doing this throughout the year can add up fast. Fortunately, eligible educators may be [...]
Taxpayer Bill of Rights outlines protections for all taxpayers
All taxpayers have rights when they interact with the IRS. These ten rights are the Taxpayer Bill of Rights, and they cover a wide range of topics and issues that directly affect taxpayers. These rights [...]
AB 91 – Loophole Closure and Small Business and Working Families Tax Relief Act of 2019
Assembly Bill 91 modified the Earned Income Tax Credit, created the Young Child Tax Credit, disallowed a separate state election for certain qualified stock purchases, and selectively conformed, with modifications, to several federal Tax Cuts [...]
Business 101 – What should you know?
Through the years working in tax law, one of the biggest issues that arises for business owners is taxes. Many people that have a special trade who decide to go out on their own and [...]