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Claiming Dependents on Your Tax Return

By |2021-03-05T17:16:38-06:00March 4th, 2021|Categories: Transportation|

While every American who earns an income has to pay taxes, many taxpayers can reduce how much tax they owe by claiming deductions and credits. To claim a dependent might be a great way to lower your tax burden if you have provided more than half of the person’s financial support for the tax year. However, [...]

What’s My Filing Status?

By |2021-03-05T17:03:34-06:00March 4th, 2021|Categories: Transportation|

Choosing the correct filing status is critical in the preparation of your tax return, because it determines what tax bracket you fall in and how your tax is calculated.  The filing status options you must choose from are: single, married filing jointly, married filing separately, head of household, or qualifying widow/widower. Filing Status: Single To qualify [...]

Abe Answers: What is Abacus Access?

By |2021-03-08T17:14:33-06:00March 4th, 2021|Categories: Transportation|

Q: Abe! I was recently filling out my tax organizer and I saw that I can receive a copy of my tax return with something called Abacus Access. What is Abacus Access? A:  Great question! Abacus Access is your online portal for viewing and exchanging any of your sensitive documents electronically. It is a great tool [...]

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