How Does The Child Tax Credit Expansion Work? Questions About the 2021 Child Tax Credit Answered
The American Rescue Plan Act signed on March 11th not only provided the 3rd stimulus checks of $1,400 it also expanded the child tax...
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Timalyn S. Bowens
- Feb 21, 2021
- 4 min
Which Parent Should Claim Child(ren) on Taxes After a Divorce or Separation? (What the IRS Says)
The United States has the world’s highest rate of children living in single-parent households according to a recent Pew Research Center...
Timalyn S. Bowens
- Feb 12, 2021
- 3 min
CARES Act Charitable Contributions
The United States saw a 3.4% drop in giving from individuals in 2018 following the Tax Cuts and Job Act (TCJA) of 2017 according to the...
Timalyn S. Bowens
- Feb 7, 2021
- 5 min
Self Employed Sick and Family Leave Credits (Explained)
2020 was the year of all people being tax people. There was and continues to be a lot of misinformation about taxes going around on the...
Timalyn S. Bowens
- Jan 30, 2021
- 5 min
Three Things to Consider When Choosing A Tax Professional So You Don’t End Up With Tax Trouble
Tax time is here! Covid-19 has brought about a lot of tax changes due to the different relief actions that the Government provided during...
Timalyn S. Bowens
- Jan 23, 2021
- 5 min
3 Steps Taxpayers Should Take to Prepare for Tax Season and Avoid Tax Problems
Let's be honest: taxes are a topic that most people hate to think about, especially if they end up owing money in back taxes every year....
Timalyn S. Bowens
- Jan 15, 2021
- 7 min
How to Fill Out a W-4 Properly and Avoid Owing the IRS
I've noticed in my time of being a tax professional, even before I became an EA, that one reason that people owe the IRS is because they...
Timalyn S. Bowens
- Jan 1, 2021
- 5 min
See How To Qualify For An OIC With The IRS Fresh Start Program Before You Sell Your Soul To The IRS
Debt SUCKS! It controls your life and wears you down. When you owe the IRS they control your life. They tell you what you will pay them...
Timalyn S. Bowens
- Nov 7, 2020
- 4 min
The 2020 Presidential Election Results and Your Taxes
We have seen the 2020 Presidential Election in the news consistently for months! Americans chose sides based on their ethical beliefs....
Timalyn S. Bowens
- Oct 31, 2020
- 3 min
7 Deadly Sins That Give the IRS More Time to Collect From You
I've noticed on my social media timelines that people have been making statements such as "the IRS only has 10 years to collect taxes...
Timalyn S. Bowens
- Oct 2, 2020
- 4 min
Avoid These 5 Common Tax Filing Mistakes That Can Get You In Tax Trouble
Whether you file the simple 1040 or a complex 1040 with a raft of schedules, making a mistake on your return could lead to big tax...
Timalyn S. Bowens
- Sep 23, 2020
- 3 min
Can You Cut a Deal with the IRS?
2020 has been a financially devastating year for many hard working Americans. Some of us have been faced with problems like losing...
Timalyn S. Bowens
- Sep 2, 2020
- 5 min
President Trump's Payroll Tax Memorandum : What it Means
***When this article was initially published the calculated savings included Medicare tax too. That has since been edited to reflect on...
Timalyn S. Bowens
- Aug 13, 2020
- 5 min
Self-Employed Tax Forms: How to Store Them, How to File Them, and How to Reduce Your Tax Liability
Working from home can be a dream come true, especially if you also work for yourself. Opportunities for freelancers, gig workers and...