At present the IRS (as it appears after meeting with associates and actual audits) that the IRS Number One "Hit list" is the Schedule C. Therefore, I can only repeat that you keep good records (No, they do not have to be Computerized...but at least write them down and keep them in order). I am not a Bookkeeper, but will help you organize your records than will help you both understand the requirements and at the same time review your records to cut cost/expenses. First most
I would like to express my thanks to Ms. Jennifer Chan (626-757-7879) in setting up my web site.....Thank you very Much. #businesscards #chan #CSS #graphic #graphicdesign #thanks #jenniferchan #logo #tax #THJTAX #tips
Earned Income Credit (EIC) is a refundable credit (you will receive the credit even if you have no Tax). It is bases on your earned income alone if you are single and a greater credit amount should you have up to three children. you must have investment income (unearned income) of no more than $3,100 and the income earned is set each year (see EIC tables) for exact amounts for the 2010 tax year. for additional information about EIC click here