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To claim the Additional Child Tax Credit, your child must have a Social Security number. If they don’t have a Social Security number, you can’t use the child to claim the Additional Child Tax Credit. If by some chance there already is a form 8812 on the desktop version, this will make your job easier. … Read more

So, money not so much wasted, when you consider the $44+ dollar cost of ‘tax printers’. Then you have to log into your online account to get a copy. If you no longer have the 2014 program installed on your computer, and if you lost the 2014 CD, you can phone TurboTax Support and request … Read more

Because of this, bookkeeping and accounting are frequently confused—let’s dive deeper into the differences between them. Doola offers specialized bookkeeping services designed for nonprofits, ensuring that your organization complies with all necessary regulations while keeping your financial records accurate and up-to-date. The treasurer works closely with the bookkeeper to maintain accurate financial records. A person … Read more

Part of the benefits investors receive for purchasing shares in a company is the payment of dividends that they receive either quarterly or yearly depending on how often the company declares distributions. Whenever a company declares distributions, the amount used to pay the shareholder dividends is deducted from the retained earnings account. Hence, retained earnings … Read more