Recent changes to the Earned Income Credit have created new earning opportunities for tax professionals.
“Legitimize Your Hustle” is the new message of the Schedule C Queen, Teowonna Clifton, of Simply Taxes of South Carolina, LLC, as she establishes her independent tax preparation business in the Columbia local market. She wants to focus on helping employees and entrepreneurs legitimize their side hustles. Join us in this episode of Tax Pro Nation as we listen to her stories and challenges as she grows her tax business through the Elevation Step and beyond.
CECL standards mandate the use of historical, current and anticipated information to forecast expected losses over the life of a loan.
Learn when and how certain insurance benefits can be taxed so that you can set your client’s budget accordingly and not be surprised by any extra taxes during tax season.
Bankruptcy has evolved over the years, and stringent measures have been put in place to prevent exploitation of the bankruptcy laws. But are overdue taxes allowed under our bankruptcy laws? Read to find out!