Child and Dependent Care Tax Credit

Being a parent can be stressful, both on you and your wallet. Managing parenthood and work can be quite a challenge. While the various expenses may be troublesome to balance, you can thank the IRS for the Child and Dependent Care Tax Credit, and plan to make the most out of it. Here a

Maximizing Your Charitable Contributions

Here are some helpful points to consider when making charitable contributions to ensure you get the most for your contribution. Verify nonprofit status For charitable contributions to be deductible they must be made to qualified organizations. The organization must be recognized as a

Dental Professionals Tax Deduction

The Domestic Production Activities Deduction is a deduction for manufacturers and is intended to provide tax incentives for businesses that produce goods or work in the United States rather than sending that work overseas. As a dentist or orthodontist, how do I qualify? Is part of you

Tax Benefits of Hiring Your Children

Hiring your children may be an advantageous way to shift income to a lower tax bracket. However, certain rules must be followed to ensure the IRS allows these tax savings. The Benefits: Tax Rates Wages that are paid to children, as with any other wage, are tax deductible for the busin

Missouri Tax Credits

Are you facing a large Missouri tax liability this year? Does paying 6% less seem too good to be true? It is possible and easier than you think. We currently have hundreds of clients utilizing these credits to save thousands of dollars in Missouri taxes. We have obtained Missouri tax