Yes, it is tax time once again and the struggles over who got Christmas morning in December now give way to “who gets the deductions and credits” associated with the
Continue Reading WHOSE KID ARE YOU ANYWAY; DEDUCTIONS/HEADS OF HOUSEHOLD/DAY CARE & CHILD CREDITS
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US TAX COURT TAKES STRICT CONSTRUCTION OF CHILD DEPENDENCY DEDUCTION
By Mark Ashton on
In a decision published on May 6th of this year the United States Tax Court held that the Treasury Department and the Internal Revenue Service were not bound by…
Continue Reading US TAX COURT TAKES STRICT CONSTRUCTION OF CHILD DEPENDENCY DEDUCTION