Timalyn S. BowensFeb 125 minAre Gambling Winnings Taxable?Here is something you can bet on and win every time. The Internal Revenue Service (IRS) wants you to report and pay taxes on all your...
Timalyn S. BowensMay 25, 20218 minHow Does The Child Tax Credit Expansion Work? Questions About the 2021 Child Tax Credit AnsweredThe American Rescue Plan Act signed on March 11th not only provided the 3rd stimulus checks of $1,400 it also expanded the child tax...
Timalyn S. BowensFeb 21, 20214 minWhich 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. BowensFeb 12, 20213 minCARES Act Charitable ContributionsThe 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...