Money Earned And Taxes Paid
Have you ever wondered just what the numbers are regarding the money earned and taxes paid in the U.S.? That is, what number of people earn the highest percentage of the total population’s earnings, now big a slice of the overall pie that is, and what percentage of overall taxes do they pay? Or conversely, how much in taxes get… Read more »
Got Kids? You May Pay Less Taxes Than Before
Got kids? You may pay less taxes than before. Among all the other changes in the recent tax laws, the tax credits for dependent children were sort of ignored. But for certain families, the difference could be considerable. The short version is this: The child tax credit for all eligible taxpayers has doubled – from $1000 to $2000. The parameters… Read more »
Talk To A Professional
Every year, people have facts about their taxes and their tax returns that they relay to us that are not facts – they’re fiction. Someone told them about this trick or a “hack” to get more money back on their taxes, or, they thought they read it somewhere, or whatever. And, people also come into our office, filled with angst… Read more »
Your 2018 Taxes
No, not your 2017 business taxes, which we will prepare before March 15th of this year. And, if you’re one of our personal income tax clients, before April 15th of this year. Nope, we’re talking about your 2018 taxes, which we will file for you in 2019. Whether it’s us or someone else, it’s really important that you have a… Read more »
The IRS Says These Arguments Don’t Work For Not Filing Taxes
The IRS Says These Arguments Don’t Work For Not Filing Taxes….. Tax return season is over, but that doesn’t necessarily mean that everyone that should have filed taxes did file taxes by the 15th. Some people and some businesses didn’t file for good reasons, and some didn’t file for flimsy reasons. According to the IRS, these reasons are the most… Read more »