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Financial Planning Insights

Tax Credits for a Child | Chandler and Knowles CPA

By Chad Chandler | | 0

It’s everyone’s favorite time of year - tax return season! Do you know how President Trump’s 2018 tax reform is going to affect you if you are a parent claiming dependents on your taxes? If you have young children or other dependents, there is a good chance you are eligible for the Child Tax Credit. This credit could reduce your federal income tax..

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Earned Income Tax Credit FAQs

By The Chandler & Knowles Team | | 0

What is the Earned Income Tax Credit?

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Small Business Tax Deductions

By The Chandler & Knowles Team | | 0

While another tax season has now passed, it is never too early to start planning for next year's taxes. In particular, as a small business owner, you will want to make sure that you take advantage of all of the tax deductions available to small business owners for business expenses. While the IRS offers a fairlyin-depth guideon deducting..

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Top 5 Mistakes People Make When Filing Their Taxes

By The Chandler & Knowles Team | | 0

Are you thinking about filing your own tax return this year? Although it's true you will initially save money by doing them yourself, it may cost you more in the long run than if you had hired a tax professional in the beginning. If your taxes are inaccurate or incomplete, it will take the Internal Revenue Service longer to process your return..

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3 Questions to Ask a Tax Preparer Before You File

By The Chandler & Knowles Team | | 0

Making your way through paper tax forms is a headache under the best of circumstances. But it also means there is no system in place to make sure you're getting all of the deductions and credits you deserve. While the IRS can make corrections and has systems in place to pick up on likely errors, there is no guarantee that those systems will help..

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About Chandler & Knowles CPAs:

Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. Our knowledgable team is committed to providing you with the most detailed information to answer your biggest financial questions and to help make your life less taxing.

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