Who Can be Claimed as a Dependent on Your Tax Return?

In order to qualify as a dependent for purposes of filing your federal tax return, a person must be what the IRS considers as either a qualifying relative or qualifying child. They must also meet some additional criteria as well. Interestingly, a qualifying relative does not have to be a relative. Additionally, someone who qualifies …

Going Paperless

As I was searching online for a solution to help organize client documents, I stumbled upon something that seems a little wonderful. I found an app called FileThis that helps people go paperless. They even have a free solution! As an accountant, this app will allow me to streamline the process my clients go through to retrieve …

IRS Will Accept 2018 Tax Returns On-time Despite Government Shutdown

It’s business as usual at the Internal Revenue Service. The government shutdown will not affect 2018 income tax return filing. The IRS confirmed that income tax returns will begin to be processed beginning January 28, 2019 and will provide refunds as scheduled. The IRS received a permanent indefinite appropriation from Congress to pay all tax …

Money & Power

KES Design Group, an accounting firm located in Cleveland, OH has officially launched their blog, Money & Power! Enjoy your visit and browse through articles written to provide entrepreneurs and business owners information about starting and running a successful business. This blog was born out of the idea that knowledge is power and hopefully, we …