Earned Income Tax Credit Election to Use Prior Year Earned Income
If you qualify for the Earned Income Tax Credit, you can reduce your taxes and increase your tax refund. Read how the EITC allows you to keep more of your hard-earned money.
What To Do If Someone Files Taxes In Your Name
What should I do if someone has used my information to file a tax return that I didn’t authorize?
Still Have Questions? Stimulus & Advanced Child Tax Credit Info
If you qualified for the Economic Impact Payments, make sure you’ve received them.
Multiple Years of Taxes? You Can Still File
Sometimes time escapes you and suddenly you have several years’ worth of taxes to file. While it certainly feels overwhelming, there are some action plans you can take to remedy the situation.
What If I Missed The Tax Extension Deadline?
If you missed the tax extension deadline, don’t worry. There’s still time to file your taxes and Meadville Tax Service is here to help you take action.
The Importance of a Strong Business-Bookkeeper Relationship
Proper bookkeeping gives companies a reliable measure of their performance. By keeping accurate records, your business can get a snapshot of its health in the form of financial statements such as income statements, balance sheets, cash flow statements and more. Enter bookkeeper! Contracting a professional to assist you with your bookkeeping and accounting will ensure that you are getting the most…
How to Choose a Bookkeeper
If you run your own business, you know how taxing bookkeeping and accounting tasks can be. If it’s a responsibility you’re ready to get off your plate, we have some considerations to share while selecting a bookkeeping service. Your bookkeeper must be aware of the business operations, goals and issues to do their job correctly;…
Why it Pays to Double-Check Your Taxes
Are you sure you got your maximum refund last year? Did you owe more than you expected? What about the last 3 years? Maybe you didn’t claim all the credits or deductions you deserve on a past-year tax return – and that can mean missing out on money you could put toward bills, start saving,…
Will My Unemployment Taxes be Excluded for 2020?
“What if I filed my 2020 return before the American Rescue Plan Act & paid taxes on my unemployment?” This question has been on the minds of tax preparers and our clients all spring! We’re here with the answers you need. Normally, any unemployment compensation someone receives is taxable. However, a recent law change allows…
Still Haven’t Gotten Your 2020 Refund? This Might Be Why.
What if I filed months ago and the IRS tracker keeps saying “in process?” It can be frustrating if your return from the IRS is taking longer than usual to arrive, so we looked into what the hold-up might be. Unfortunately, the IRS is short-staffed and very backed up with issuing refunds. Currently, the IRS…