Adoption can be one of the biggest blessings, but it does usually require the parent or parents to incur many adoption-related expenses. The Adoption Tax Credit offered by the federal government gives you the chance to take a big credit that you can use to offset your tax liability come tax season. Tax credits give […]
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Are you struggling to organize your income and expenses? Is the tracking of these items overwhelming for you as an entrepreneur or small business owner? Keeping great records is an important part of doing business. The truth is you do not want to be caught off guard during an IRS tax audit, so you need
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This tax credit is perfect for those who have incurred certain educational expenses like tuition. It gives taxpayers a chance to save some money on the taxes they may owe the IRS come tax season. The Lifetime Learning Tax Credit (LLC) is a great credit to take if you do not qualify for the American
The Lifetime Learning Tax Credit | What You Should Know Read More »
A 529 college savings plan is an excellent way to invest in a child’s future. College costs are soaring, making it hard for people to pay for school for their children. The days of saving up for your future child’s education are becoming more difficult because the cost of going to school keeps getting greater.
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What do you know about the importance and value of accurate mileage logs? At first glance, a mileage log may look like an ordinary document lacking value, but there’s much more to it! Think about the purpose behind a mileage log; often, business owners use mileage logs to calculate the amount of mileage reimbursement they
Mileage Log | 7 Habits You Need to Adopt Read More »
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