Tag: tax tips

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Deducting Summer Activity Expenses

-Courtesy of the CPA Firm of David M. Spitzberg http://www.cpaforbusiness.com Don’t forget to save receipts! The kids are out of school and summer is well underway. Make sure you understand the rules regarding the tax deductibility of summer activities and related daycare expenses through the use of the Child and Dependent Care Credit. Collecting those receipts now can save plenty during tax time. What is … Continue reading Deducting Summer Activity Expenses

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Get Your Money: Ensure You Receive a Stimulus Payment

Get Your Money: Ensure You Receive a Stimulus Payment Status and non-filer tools launched by IRS The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know. Background As a response to the coronavirus pandemic, the government is sending $1,200 to single … Continue reading Get Your Money: Ensure You Receive a Stimulus Payment

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