Taxes | Bowens Tax Solutions

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...

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...

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...

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...

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....

How to Get Your IRS Penalties Removed

No one likes to pay penalties. IRS penalties are no exception. They are often avoidable but are added to the tax assessed due to lack of...

Avoid the Kiss of Death in Your Business

163,765 US businesses closed as of August 31st due to the pandemic, according to Yelp. They also reported that of those businesses...

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...

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...

4 Things You Should Know if You Owe the IRS

Receiving a notice from the IRS has been known to do its fair share of making taxpayer's blood pressure rise. It is easy to feel like you...

3 Topics Missing From Your On Boarding and Back Office Training

I talk with 5-10 different Insurance Agents, Medical Sales Reps, and Network Marketers each week and they all have one thing in common....

Bowens Tax Solutions - A Tax Relief Firm