IRS Offers Second Chance to Resolve the ERC
The IRS has announced a second Employee Retention Credit Voluntary Disclosure Program. Deadline to participate is November 22, 2024.
Tax Credit
Maximizing Summer Break–Tax Benefits
Delve into essential tax credits and practical tips that parents can utilize to save money during the summer.
Work Opportunity Tax Credit Benefits Business and Community
The Work Opportunity Tax Credit (WOTC) is a federal tax incentive designed to encourage employers to hire individuals from certain groups who have consistently
New Updates on How the IRS Is Processing ERC Claim
The IRS has announced on June 20, 2024, significant updates regarding the processing of Employee Retention Credit claims. Watch this video to learn more.
Adoption Tax Credit: Easing Your Journey to Parenthood
The U.S. government offers individuals an adoption tax credit to help alleviate some of the financial burdens associated with adoption.
Tax Facts about Claiming Tax Benefits for Childcare Expenses
The Child and Dependent Care Credit
Claims For Recovery Rebate Credit About to Expire
The Recovery Rebate Credit was designed for those who did not receive one or both Covid-19 pandemic-related stimulus checks they were entitled to in 2020.
Is It Better to Have a Tax Credit or a Deduction?
People often say that an expense is a tax write-off most everyone interprets this to mean that the expense will have a tax benefit.
Education Credits Aren’t Just for Children’s Tuition
If you think that education credits are just for sending your children to college, think again; the credits are available to you, your spouse (if you are marrie
ERC Voluntary Disclosure Program Ends Soon
The IRS in December of 2023 introduced a New Voluntary Disclosure Program that allows employers who received questionable Employee Retention Credits (ERC)