Tax Reform and Family Tax Credits

More families will be able to get more money under the newly-revised Child Tax Credit, according to the Internal Revenue Service. The Tax Cuts and Jobs Act (TCJA), the tax reform legislation passed in December 2017, doubled the maximum Child Tax Credit, boosted income...

The Ins and Outs of Amended Tax Returns

You filed your tax return and then discovered a mistake. Now what? Don’t hit the panic button. In most cases, all you have to do is file an amended tax return. There are a few things to keep in mind when filing an amended tax return. Taxpayers should use Form...