How will 2021 Child Tax Credit affect your 2022 tax filing?
On Wednesday 15 December the IRS will begin distributing the sixth round of direct payments from the expanded Child Tax Credit, the final...
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Veronica Turner
- Jul 7, 2021
- 1 min
Advanced Child Tax Credit
Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. The IRS will...
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Veronica Turner
- Dec 15, 2020
- 4 min
Coronavirus (COVID-19) Legislation - Individuals
Recent legislation, such as the Families First Coronavirus Response Act and the Coronavirus, Aid, Relief, and Economic Security (CARES)...
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Veronica Turner
- Jan 29, 2019
- 3 min
Who Must Receive Form 1099-MISC?
By: Jean Murry Form 1099-MISC is given to non-employees such as independent contractors and other entities paid by your company. You must...
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Veronica Turner
- Jan 14, 2019
- 2 min
Facts to help taxpayers understand Individual Retirement Arrangements
Individual Retirement Arrangements – better known simply as IRAs – are accounts into which someone can deposit money to provide financial...
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Veronica Turner
- Oct 25, 2018
- 4 min
What Your Itemized Deductions On Schedule A Will Look Like After Tax Reform
By: Kelly Phillips Erb on Forbes.com 1. Medical and Dental Expenses. Medical and dental expenses remain in place with a lower floor. We...
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Veronica Turner
- Oct 19, 2018
- 6 min
Powerball & Mega Millions Tax Tips
Both Powerball and Mega Millions jackpots are big. Really big. Before Friday's (10/19/18) drawing, Mega Millions was worth $1 Billion....
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Veronica Turner
- Oct 14, 2018
- 2 min
Tax Deduction Changes for Professional Athletes
At Turner Accountancy it has been our experience that filing taxes are one of the most important parts of an athletes financial picture....
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Veronica Turner
- Sep 28, 2018
- 3 min
8 Money-Saving Tax Tips for Parents
Check out these tips that could help with your taxes! 8 Money-Saving Tax Tips for Parents 1. Dependent Exemption Your child is also...
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Veronica Turner
- Sep 10, 2018
- 2 min
Which Military Veterans Benefits are Taxable?
Create a blog post subtitle that summarizes your post in a few short, punchy sentences and entices your audience to continue reading....
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Veronica Turner
- Aug 22, 2018
- 3 min
What is Accounting and Why Do You Need It?
Accounting and bookkeeping have been around for just about as long as humans have engaged in trade and commerce. This makes sense,...
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Veronica Turner
- Aug 9, 2018
- 4 min
When to Hire a Bookkeeper or Accountant
Entrepreneurs thrive on a DIY mentality: Do everything you can yourself and don't pay for anything new until you have absolutely have...
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Veronica Turner
- Jul 4, 2018
- 2 min
Tax Deductions for your car as a Car Sharing Drivers
Uber, Lyft, Sidecar and all those in between! As an Lyft, Uber, Sidecar, or any other car sharing service provider you are most likely...
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