The Child and Dependent Care Credit is a tax break (not a tax deduction) for those who are working and have someone caring their child who’s under 13 years old. You can certainly file individually, but a married couple must file joint return to claim the Child and Dependent Care Credit.
Your Miami Beach tax audit CPA Can Represent Your Business Before the IRS – But who else? Tax audits are no fun, but of course you already knew that. About 2.5% of small businesses are audited every year, where the IRS takes a closer look at tax returns, verifying that income and deductions all check out.
Unemployment Dropped to 3.9% This Past April. That’s right, your Miami accounting company just learned that unemployment fell just below 4% which, according to the Bureau of Labor Statistics, is the lowest it has been since December 2000.
Going (Somewhat) Paperless - Earth Day was just a few days ago, so being good to the environment is still on everyone’s mind at our Miami Beach accounting practice. While some planted trees and others participated in beach cleanups, we decided to make an effort in being a little more paperless around the office.