IRS Form 1040 Schedule C | Profit and Loss From Business

IRS Form 1040 Schedule C | Profit and Loss From Business

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Schedule C Your tax situation may require your tax preparer to attach Schedule C Profit and Loss From Business to your tax return. We will use of the Schedule C (Form 1040) to report income or loss from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as…

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2022 DEPENDENT CARE CREDIT | $4000 – $8000 Tax Refund Boost

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The Dependent Care Credit is going to be responsible for massive increases in individual tax refunds for Tax Season 2022! For tax year 2021 the IRS has allowed for upto $16,000 of qualified childcare expenses to be claimed toward the credit. That works out to be $.50 on the dollar for qualifying taxpayers! We strive…

Tax News YOU Can Use

IRS Form 1099-K | Explainer Video

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Tax News YOU Can Use in 2022 The 1099-K is the form, the IRS uses to allows reporting entities to declare funds received on behave of taxpayers for tax-year 2022. This video explains what it is and what it means to you. We strive to keep you informed about tax related issues that matter to…