February, 2014

The Earned Income Credit

The Earned Income Credit

The number of returns claiming the Earned Income Tax Credit (EITC) has grown in recent years, but that doesn’t mean it that taxpayers understand the complexity of it. ┬áThe earned income credit is a refundable tax credit designed for lower income working families and individuals. However, there are many requirements that must be met to […]

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Top Reasons to File Your Taxes Early

Top Reasons to File Your Taxes Early

Every April, many taxpayers wait until the last minute to file their federal income tax returns, whether from taking more time to find and organize their documents or from simple procrastination. As long as individuals get their taxes in by the April 15 deadline, they will not incur any late filing penalties. However, waiting until […]

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