The Best of Both Worlds?
A fairly common question when it comes to the Child Care Credit is, Can I claim both the child tax credit and the child and dependent care credit? The simple answer is yes, but you have to qualify for both. If you qualify for one or both credits, you can claim the credits on Form […]
I now pronounce you Joint Venture
We often sit down with individuals that have decided to start a new business but are confused about how to establish their business for income tax purposes. In some cases the business is a small venture started by husband and wife. What are their options if they chose not to incorporate? If you and your […]