Get Ahead on Year-End Tasks
Year-end is just around the corner, and that means a couple of administrative tasks are necessary to take care of bookkeeping and tax chores. Here are a couple of tips to make year-end go smoother.
Things will go a lot smoother if you reach out to your vendors and employees and get their help to update your records.
Send a notice to all employees, asking them to verify their address so they will get their W-2s without delay.
Make sure you have the Read more [...]
You may be able to claim the child and dependent care tax credit if you pay expenses for the care of your under-age-13 child or another qualifying person to enable you (and your spouse, if filing a joint return) to work or look for work.
Child and Dependent Care Tax Credit
The tax credit is a percentage of the work-related expenses you paid during the year for the care of a qualifying person. Qualifying persons include dependent children under age 13. Physically or mentally incapable persons Read more [...]