HOW TO CLAIM YOUR ADULT CHILD AS A DEPENDENT ON YOUR TAXES, EVEN IF THEY WORK A JOB! [Video]

CLAIMING AN ADULT CHILD THAT WORKS. Your adult child might be your dependent even if they have a job, and can file taxes. To learn the rules, and the particulars about when you can file your adult children, watch the video now.
The tax code offers many tax deductions for small business owners. In order to take advantage of tax deductions, business expenses must be ordinary, & necessary for your industry. Once you’ve established that your expense is ordinary & necessary, you must be able to SUBSTANTIATE the deduction. Please note, for tax free home office reimbursements, you will need an IRS compliant accountable plan for reimbursements, a business connection to the expense, proper accounting by the employee, and proof to substantiate records. Any excess reimbursements must be returned to the corporation within a reasonable period of time.

GET YOUR FREE HOME OFFICE REIMBURSEMENT SUBSTANTIATION SPREADSHEET used in the video, click here: https://lp.constantcontactpages.com/su/OdPfeP1

HOW TO FILE YOUR TAXES WHEN YOU HAVEN’T RECEIVED YOUR W2: https://www.youtube.com/watch?v=OakFyYRJV0c&t=2s

DON’T HAVE YOUR PROFIT AND LOSS READY FOR TAXES? Need to know how to do bookkeeping without QuickBooks: https://www.youtube.com/watch?v=8G2dDt9TMn0&t=0s

WHAT TO DO WHEN THE OTHER PARENT FILES THE CHILD UNLAWFULLY. https://www.youtube.com/watch?v=ocxcKZ5pqRo&t=3s

DO YOU OWE THE IRS, OR THE STATE BACK TAXES? Do you have unfiled tax returns? Is the IRS threatening to garnish your paycheck, or levy your bank account? Are you ready to get back on track with the IRS? Howard Tax Prep LLC will help you get back on track with the IRS, get into a settlement, or setup a payment with the IRS. For more information, visit us at https://howardtaxprep.com/tax-debt-problems

Although we’ve given you the basics, this is not an all-inclusive video. Should you have questions, or need business tax preparation, business entity creation, business insurance, or business compliance assistance please contact us online, or call our office at 855-743-5765. Make sure to join our newsletter for more tips on reducing taxes and increasing your wealth. https://mailchi.mp/howardtaxprep.com/pay-less-taxes-build-wealth

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