Personal Tax impacts everyone. Let Vernoia, Enterline + Brewer, CPA LLC help you navigate and plan.
The Internal Revenue Service recently awarded $41 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation.
2023 Tax Counseling for the Elderly and Volunteer Income Tax Assistance Program Grants Read More »
The Internal Revenue Service reminds families that some taxpayers who claim at least one child as their dependent on their tax return may not realize they could be eligible to benefit from the Child Tax Credit (CTC).
2021 Child Tax Credit Read More »
No matter how much people plan, unexpected events occur. Often, those events result in unplanned expenses. To cover these costs sometimes people, withdraw funds from their retirement savings early.
Considering Early Withdraws from Retirement Funds? Read More »
Bankruptcy is a last resort for taxpayers to get out of debt. For individuals, the most common type of bankruptcy is Chapter 13.
Understanding Federal Tax Obligations During Chapter 13 Bankruptcy Read More »
Summer has slipped away and another school year has started. As kids head back to the classroom, parents are ticking items off the school supply list. If they want to boost their back-to-school budgets, parents and guardians should make sure they aren’t missing out on their 2021 refunds and tax credits.
Parents Boost Their Back-to-School Budget Read More »
Some people may choose not to file a tax return because they didn’t earn enough money to be required to file but may miss getting a refund if they don’t file.
Don’t Miss Out On a Refund by Not Filing a 2021 Tax Return Read More »
There are many ways people plan for retirement. Individual Retirement Arrangements, or IRAs, are a common one. IRAs provide tax incentives for people to make investments that can provide financial security when they retire. These accounts can be with a bank or other financial institution, a life insurance company, mutual fund, or stockbroker. Here are some
IRAs Are One Tool in Your Retirement Planning Toolbox Read More »
When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation.
Tax Considerations for People Separating or Divorcing Read More »
For many new grads and other people entering the workforce for the first time, filling out new hire paperwork can be confusing—what’s a W-4, anyway?
New Workers Need to Know About Income Tax Withholding Read More »
When someone dies, their surviving spouse or representative files the deceased person’s final tax return. On the final tax return, the surviving spouse or representative will note that the person has died. The IRS doesn’t need any other notification of the death.
How to File a Final Tax Return for Someone Who Passed Away Read More »