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The American Opportunity Tax Credit
Tax Credits

The American Opportunity Tax Credit

With the rising cost of higher education, student loans now encompass the lives of those who have degrees. To help offset this cost, the government …

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What to Do if You Owe Money to the IRS
IRS

What to Do if You Owe Money to the IRS

Do you suspect you owe money to the IRS? Are you unsure of the amount you owe and do not know how to access this …

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Adoption Tax Credit: Your Complete How-To Guide
Tax Credits

Adoption Tax Credit: Your Complete How-To Guide

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 …

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How to Best Track Your Income and Expenses
Money

How to Best Track Your Income and Expenses

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? …

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The Lifetime Learning Tax Credit | What You Should Know
Tax Credits

The Lifetime Learning Tax Credit | What You Should Know

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 …

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529-College-Savings-Plans-What-Are-the-Tax-Benefits
Education & Taxes

529 College Savings Plans | What Are the Tax Benefits

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 …

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Mileage-Log -7 Habits-You-Need-to-Adopt
Deductions

Mileage Log | 7 Habits You Need to Adopt

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 …

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What Documents are Needed for an IRS Audit Borshoff Consulting
Audit

What Documents are Needed for an IRS Audit?

Are you wondering what documents are needed for an IRS audit? Is the thought of preparing for an IRS audit making your stomach turn? Realize …

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Tax Credit for the Elderly or Disabled
Tax Credits

Tax Credit for the Elderly or Disabled | How to Take It

The Tax Credit for the Elderly or Disabled was designed to help the nation’s seniors and disabled taxpayers by reducing their tax bill by an …

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Best Tax Credits for Parents | Tax Year 2020
Tax Credits

Best Tax Credits for Parents | Tax Year 2020

There’s no doubt about it; between diapers and daycare, taking care of a child is not a simple task and is certainly not easy on …

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College & Taxes | How to File Taxes as a Student
Education & Taxes

College & Taxes | How to File Taxes as a Student

College costs are overwhelming to many students and parents today. Financial aid barely covers the cost of tuition in some instances. Students are often put …

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Tax Credit Other Dependants
Filing Taxes

Tax Credit for Other Dependents | Your How-To Guide

If you have a dependent who does not qualify for the Child Tax Credit, you may be able to benefit from the Credit for Other …

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7 Things the IRS Doesn't Want You To Know cover

7 THINGS THE IRS DOESN'T WANT YOU TO KNOW

Download our guide to ensure you know everything you need to and are prepared to deal with the IRS.