Marriage changes a lot of things and taxes are on that list. Newlyweds should know how saying “I do” can affect their tax situation. Here’s a checklist of items for newly married couples to review: Name and address changes Name. When a name changes through marriage, it is important to report that change to the…
Taxpayers who are paying someone to take care of their children or another member of household while they work, may qualify for child and dependent care credit regardless of their income. For tax year 2021, the maximum eligible expense for this credit is $8,000 for one child and $16,000 for two or more. Depending on their income,…
RSG Accounting Services offers comprehensive accounting and advisory services to keep your business financially healthy and on the right track for growth. RSG Accounting has been helping small businesses and entrepreneurs for the past 20 years with the following services: Accounting and Advisory Tax Preparation Bookkeeping Business Services We serve Small and Mid-Size Businesses with…
The April 15 tax deadline is just around the corner, and before you know it you will be sitting down with a stack of receipts, forms and other financial documents. This process is never easy or pleasant, but it will be much worse if you end up owing money to the IRS. If you want…
