Tax Credit for Other Dependents

Oct 8, 2019 | Tax Credit

Taxpayers with dependents may qualify to claim a few different tax credits. One of these is the child tax credit. The child tax credit benefits people whose dependent meets a series of tests. If the dependent doesn’t meet those qualifications, the taxpayer may be...

New 100% Depreciation

Sep 24, 2019 | Tax Deductions

The Treasury Department and the Internal Revenue Service today released final regulations and additional proposed regulations under section 168(k) of the Internal Revenue Code on the new 100% additional first-year depreciation deduction that allows businesses to write...