by Paula Kennedy, EA | Feb 3, 2023 | Blog, Tax, Uncategorized
Claiming dependents can save you money on your taxes, but people are often unclear, especially when it concerns adult children. If you have adult children living at home and\or attending college – should you claim them as your dependent? Here are some of the...
by Paula Kennedy, EA | May 26, 2020 | COVID-19
Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate the effects of the coronavirus (COVID-19) pandemic. The IRS reports that in the first four weeks of the program, 130 million individuals...
by Paula Kennedy, EA | Nov 25, 2019 | Tax
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will be checked on your tax return for the year. When you file your return, you do so with one of five filing statuses, which depend in part on whether...
