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Month: March 2022

Leveraging Kiddie Tax Rules to Save on Owed Taxes

Posted on March 6, 2022 by relanetAdmin

The term “kiddie tax” was introduced by the Tax Reform Act of 1986. The kiddie tax rules are intended to keep parents from shifting their investment income to their children to have it taxed at their child’s lower tax rate. In 2022 the law requires a child’s unearned income (generally dividends, interest, and capital gains)
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Tips for a Quick Tax Refund

Posted on March 6, 2022 by relanetAdmin

The IRS is currently dealing with a huge backlog of tax returns, and stories are rampant of delayed responses to returns that have been properly filed. How can you avoid these problems and receive your tax return as quickly as possible? We’ve put together a few tips to help you do just that: E-file your
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