VIRGINIA CONSUMER USE TAX Small Business Owners … Don’t Get Caught in Non-Compliance OK, Virginia small business owners … you know all about paying sales taxes, because anything requiring that tax to be collected is done so by Virginia-based sellers/vendors you deal with. Likewise, you are familiar with the sales tax because you are required...Read More
INDIVIDUAL TAXPAYERS Be Sure to See If You Qualify for Three Tax Credits Taxpayers! You may qualify for one or more of three often overlooked tax credits that may put more money in your pocket. Earned Income Tax Credit (EITC) Child Tax Credit (CTC) American Opportunity Credit (AOC) If you qualify, tax credits will reduce...Read More
The IRS Did Not Buy What These Taxpayers Were Selling Without a doubt, you must give an ‘A’ (or at least an ‘E’) for effort when it comes to creativity by American taxpayers seeking a tax break. Consider this sampling of 16 compiled and reported by Kiplinger: In search of peace and quiet IRS...Read More