Child Tax Credit with family in sunset over ocean

Child Care Tax Credit: Think Twice Before Getting it This Year

Are you trying to figure out if you will receive the Child Care Tax Credit this year?

As you may know, the government allows for certain tax advantages if you have a child under the age of 18. Recently the government started distributing monthly advance payments of these credits in July through the Advance Child Care Tax Credit Payments.

Let’s go through everything you need to know about the current rules surrounding this updated program, if you qualify and if you should take advantage of this credit.

Read more

Waitress taking orders

What is PIF Tax and How Does it Affect You?

While you’re out enjoying yourself around town, you may have noticed a “PIF Tax Fee” on your receipt.

PIF stands for Public Improvement Fee and believe it or not, it’s not a tax. PIF is a fee that is paid directly to the owner of the land or developer of a property and it’s not collected by the government like most people assume it is.

Read more

Minneapolis Minnesota wheelage tax

What is Wheelage Tax and How Can it Help Me?

Are you confused about how the Wheelage Tax works? There are many different components that are included in this tax for the state of Minnesota.

Today I will give you a complete guide on how you can properly understand how it works and what you’ll need to do in order to pay your Wheelage Tax correctly this year.

Read more

Tax Updates 2020 2021

10 Top Tax Changes You Must Know Before Filing in 2021

The 2021 tax season is coming soon. That means that it’s time to check out the latest 2020 tax changes and updates. The good news is that we have been able to put together this easy to follow guide on the latest tax changes.

Be sure to check out each of the ten major 2020 tax changes for the season. Chances are, at least some of these recent tax changes may apply to you.

Read more