admin, Author at Terri L. Vedders CPA

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IRS Extends Filing Date to July 15th

Last month, the IRS announced that certain taxpayers generally have until July 15, 2020, to file and pay federal income taxes originally due on April 15. The IRS has extended this relief to additional returns, tax payments and other actions. As a result, the extensions generally now apply to all taxpayers that have a [...]

IRS Extends Filing Date to July 15thadmin2020-04-15T10:40:03-07:00

The Child Tax Credit By The Numbers

The Child Tax Credit (CTC) is intended to help offset the cost of raising children and can be worth up to $2,000 per child, depending on your circumstances. Taxpayers may be able to claim the CTC if they have a qualifying child under the age of 17. Part of this credit can be refundable, so [...]

The Child Tax Credit By The Numbersadmin2020-03-18T16:05:02-07:00