Monthly Archives: February 2011

Child and Dependent Care Credit

If you paid someone to care for a child under age 13, or a qualifying spouse or dependent to allow you to work or look for work, you may be able to reduce your tax by claiming the Child and

Posted in Client Education

Important Facts about Dependents

Some tax rules affect every person who may have to file a federal income tax return; these rules include dependents and exemptions. Here are some important facts you need to know that are related to dependents and to claiming exemptions

Posted in Client Education

Does Your Paycheck Seem a Little Larger?

That is the result of a new stimulus provision included in tax legislation passed late in December last year that takes the place of the Making Work Pay credit that expired at the end of 2010.

Posted in Client Education

Small Business Expense 101

For small business owners, tax breaks often come in the form of tax deductions

Posted in Client Education

Are You Supporting Your Parents?

If you are helping support your parents, you may qualify to claim a tax benefit if you are providing over half of your parents’ support.

Posted in Client Education

Do You Have to File a Tax Return?

Even if you are not required to file, it may be in your best interest to do so.

Posted in Client Education

Do Not Mix Your Business & Personal Accounts

It is vital that you keep your business banking separate from your personal finances.

Posted in Client Education

Revising Your W-4?

If you have updated your W-4 recently and did so without knowledge of the consequences, it may be appropriate to revisit the issue.

Posted in Client Education