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Monthly Archives: July 2018

Veteran’s disability severance refunds

If you are a veteran who received disability severance payments after January 17, 1991, the DOD withheld taxes on those payments, and you reported the payments on your tax return, you are due a refund. You are supposed to receive … Continue reading

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Summertime child care credits

If your kids are under the age of 13 and they go to day camp during the summer, you can get a credit on your tax return for your costs. The Child and Dependent Care Credit is for the care … Continue reading

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Three Tax Takeaways for Friday, July 06, 2018

First: consider that taxes are levied in three general categories; taxes on wages, taxes on spending, and taxes on income. All of your taxes touch one or two of these categories. Second: the TCJA eliminates the alimony deduction for divorces … Continue reading

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