Discover how having kids can actually save you money on your taxes! Learn about the Child Tax Credit and Credit for Other Dependents, including eligibility, amounts, and how to claim them. Maximize your tax refund and minimize your tax burden with this helpful guide.
Stay ahead of the game with our breakdown of the top 3 tax changes for 2024. Learn about new early withdrawal penalty exceptions, Beneficial Ownership Information (BOI) reporting requirements, and NFT tax implications. Protect your wallet and business from unexpected tax bills.
Struggling to pay your IRS tax debt? This guide provides step-by-step instructions for completing IRS Form 433-D to establish a direct debit installment agreement.
Save on taxes and boost retirement savings with a Nonqualified Deferred Compensation (NQDC) plan. Learn IRS rules, pros & cons, and if an NQDC is right for you.
Demystify IRS Code 414 & Retirement Plans! Understand who it applies to, controlled groups, 414(h) plans & tax benefits. Free resources for small businesses & employees!
Discover the essentials of IRS Code 162(a) for maximizing business deductions. Learn the intricacies of ‘ordinary and necessary’ expenses, the impact of Supreme Court interpretations, and how the Cohan rule affects your tax filings. Stay compliant and optimize your deductions with this expert guide.
Unravel the mystery of IRS TREAS 310 in your bank transactions! Learn what this IRS code means for tax refunds and government payments, and what steps to take if it appears on your statement.
Learn how to change your business’s accounting method using IRS Form 3115, covering accrual vs. cash basis, filing procedures, and IRS compliance tips.
Maximize your retirement savings with insights on 401(k) contributions, including limits, tax benefits, and strategies for different employment statuses.
Unraveling IRS Code 806: Understand the significance of ‘Credit for Withheld Taxes and Excess FICA’ on your tax transcript and its implications for your refund.
