October 27, 2017
The filing status is critical to determine your filing requirements, eligibility to certain credits, and correct tax. Internal Revenue Service (IRS) provides five filing status categories:
Married Filing Joint (MFJ)
Married Filing Separately (MFS)
October 20, 2017
For families with children, parents can claim certain credits and deductions to reduce their tax liabilities. If you have a qualified child, you should take advantage of following child tax benefits.
Child Tax Credit
The maximum amount that you can claim is $1,000 per qua...
October 19, 2017
If you pay for the educations costs or higher education to yourself, your spouse or your dependents, you may receive various tax benefits from education deductions, credits and saving plans.
Deductions are the amounts that reduce your taxable income,...
Arranging Household Help – “Nanny Tax” Law
March 30, 2018
Archer Medical Savings Accounts and Health Savings...
March 17, 2018
Advantages of a Roth IRA
March 13, 2018
Individual Income Tax Return
Corporate Income Tax Return