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Increased Virginia Homestead Exemption
The Virginia Homestead Exemption currently allows homeowners to each protect up to $25,000.00 in equity of their primary residence or where their dependents live.
Surviving Financially: Benefits under the CARES Act
Surviving Financially: Benefits under the CARES Act Stay-home orders, job loss, businesses closed, teleworking, kids home from school – all these things are now part of life during the Coronavirus Pandemic. More people than ever have applied for unemployment in the...
Stimulus Check: Do you qualify? How much are you going to get?
Congress last week took steps to help individuals who are facing financial uncertainty during the COVID-19 pandemic. They passed the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act. The CARES Act has many provisions that...
Last chance to get your 2016 Tax Refund!
Have you not filed your 2016 tax return? Do you think you are entitled to a 2106 tax refund? You need to file your 2016 federal tax return by April 18, 2020 to be eligible to receive a refund based on the return. You must file your tax return with in three years of...
Getting a CP2000: Notice of Under Reporting of Income
Getting a CP2000: Notice of Under Reporting of Income Every year the Internal Revenue Service reviews every tax return filed to check it for accuracy errors. This process ensures that taxpayers are paying the proper amount of tax and including all sources of income....
Changes to the 2018 Tax Forms
Your 2018 1040 tax return will look very different than years past. With the passing of the Jobs and Tax Act back in 2017, the Internal Revenue Service is experiencing the most substantial changes to the tax code in over 30 years. These changes include...