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What Will the Daycare Tax Credit Actually Pay for? Let’s Take Care of That Child and Dependent Care Tax Credit
Also known as the "Keeping Mommy Sane" tax credit. What Is Form 2441: Child and Dependent Care Expenses? Form 2441: Child and Dependent Care Expenses…
How to Qualify for the IRS De Minimis Safe Harbor Election
My Latin might be rusty, but is this the business equivalent of "don't sweat the small stuff"? De minimus is Latin for "not a big…
Child and Dependent Care Tax Credit Offers Benefits and Care for Caregivers
The Child and Dependent Care Tax Credit is a beneficial tax credit provided by the US government to assist families who have dependents that require…
The CTC’s Growing Up: Highlights and Overview of the Child Tax Credit and How the CTC Works
My, how these child tax credits grow! Filing your taxes in 2021, 2022, and 2023 are very different years. (Fingers crossed that the CTC gets…
You Filed Your Amended Tax Return. So Where’s Your Amended Refund?
I've never thought of doing my taxes a second time - kinda like how I never thought I'd go in for a second root canal.…
Start Here: How Section 1231 Works, How It Relates to Capital Gains, and the Right Way to Report 1231 Property on Your Taxes
What is Section 1231? 1231 gains overview Section 1231 of the tax code provides guidance on the treatment of gains and losses derived from the…
How a 1099 Tax Calculator Adds Up to Big Savings for Contractors and Self-Employed Individuals
What is a 1099 Tax Calculator? If you're a freelancer, independent contractor, or vendor who isn't on an employer's payroll, you may receive a 1099…
Adoption Tax Credit and the Benefits of Qualified Adoption Expenses
Overview of Adoption Tax Benefits This credit seems pretty direct, but a lot of paperwork. Then again, if you're adopting a kid, the paperwork's not…
