What Is Amendment Tax Returns

Amendment Tax Returns : Non-Residents (Students who are in the USA on F1) or Resident aliens or Citizens can go for Amendment tax returns. Amendment of any filed tax returns or last three years filed tax returns will help taxpayers to get their lost credits, deductions, exemptions on their tax returns which can help them […]

401(k) Contribution Limits for 2020

401(k) is an employer-sponsored retirement savings plan that allows employees to stockpile and invest a part of their pay check before the taxes are deducted. Taxes are paid only after the money is withdrawn from one’s account. 401(k) contributions can ease up your taxable income and help slash your tax bill. For instance, if you […]

How to Fill Out W4? Step by Step Guide to Fill W4 Form

What is W4 Form? Form W4 is issued by the IRS to the taxpayers, to mention their allowances details with their respective employers for the exact tax withholding from their paychecks for Federal and State Revenue Departments. We crescent tax filing would take this as a pleasure opportunity, and feel more responsible to educate and […]

Child Tax Credit

Child Tax Credit: The line of credit given to a taxpayer for having dependent children, one or many who are under the age group of 17 at the end of each tax year is known as Child tax credit or ‘CTC ‘ in short. CTC is intended to offer parents or guardians of dependents an […]

What is Premium Tax Credit (PTC)?

Premium Tax Credit 2019: is a refundable form of tax credit that eligible households receive from the Internal Revenue Service (IRS) in the United States. The premium tax credit offsets the monthly health insurance premium costs for eligible households who have purchased their insurance via the Healthcare Exchange Marketplace. The ACA’s Premium Tax Credit People […]