by bertasneed | Apr 21, 2018 | Uncategorized
Congress passed the Tax Cuts and Jobs Act (TCJA) on December 20, 2017. The goal of TCJA was to cut taxes for individuals and businesses, create jobs and stimulate the economy. The Internal Revenue Service recently updated the tax year 2018 annual inflation...
by bertasneed | Apr 12, 2018 | Uncategorized
What is the Earned Income Tax Credit (EIC)? EIC is a refundable credit for workers earning low or moderate incomes to supplement the income earned through working. If you qualify for EIC it gives you the opportunity to reduce your taxes and increase your tax refund....
by bertasneed | Apr 6, 2018 | Uncategorized
Tax forms can be difficult to fill out even when they come with their own set of instructions. Form W-4 is no exception. All employees must complete the two-page form so that employers know how much federal income tax to withhold from your paycheck. What is...
by bertasneed | Apr 5, 2018 | Uncategorized
Tax time is stressful enough then to have to try and figure out which tax forms you need to use. Everyone that must file an individual tax return has to use Internal Revenue Service tax Form 1040 or one of the shorter versions Form 1040EZ or Form 1040A. It’s a...
by bertasneed | Mar 29, 2018 | Uncategorized
Your tax filing status will determine your tax liability and if you are to receive a tax refund. It will tell you what tax forms you are to file when completing your tax return this year. Your filing status will determine your tax bracket, number of deductions,...
by bertasneed | Mar 24, 2018 | Uncategorized
For one reason or another a few of us may have skipped filing our federal income tax returns. But what happens if you do not file your taxes? If you are delinquent, take control of the situation by coming up with a plan and protecting your rights. The goal with...
