by Jarel Daniels | Jul 19, 2021 | Tax & Accounting
What is the Tax-Exempt Status? If you’re a business or someone applying for tax-exempt status, you should first understand that it means you’re applying to have income or transactions that are free from taxes to all levels, whether on federal, state, or...
by Jarel Daniels | Jul 15, 2021 | Tax & Accounting
Families Can Now Update Direct Deposit for Monthly CTC Payments Good news! You can now update your bank information much easier and faster! Thanks to the IRS upgraded tools, you can quickly and easily get your monthly Child Tax Credit Payment. FAQS: 1....
by Jarel Daniels | Jul 12, 2021 | Tax & Accounting
The Vicious Danger of Tax Fraud and How To Protect Yourself The pandemic has brought unwanted burdens to everyone. It did not choose who it wanted to burn out to— it just deliberately affected each and all of us. While this worldwide emergency is a...
by Jarel Daniels | Mar 9, 2021 | Tax & Accounting
What is Recovery Rebate Credit? Last year, thousands of people received their Recovery Rebate Credit through the form of economic Stimulus Payment. It is a one-time benefit to help people in the pandemic. However, not all have received the maximum amount possible. The...
by Jarel Daniels | Feb 26, 2021 | Tax & Accounting
Can you Claim the Home Office Deduction on your 2020 Tax Return? The pandemic is nearing its first year, and millions of Americans have long been severely affected since then. Thousands already succumbed to the dreadful virus, and others, while they may be uninfected,...
by Jarel Daniels | Feb 1, 2021 | Tax & Accounting
Tax Deductions and Credits to Consider for this Tax Season When it comes to taxes, the words deductions and credits are like music to an accountant’s ears because both help you to keep money in your pockets. While they both help you to save money, they do it...