Once your teen has started their part time job, there are always questions such as
- How much can they earn without having to file a tax return?
- Can a parent still take their teen as an exemption on their own tax return?
1. Not Filing at All. Life getting a little overwhelming and thinking of not worrying about filing your taxes on time? Not a good idea at all. The IRS can charge you with both a failure to pay penalty and a failure to file penalty. T
At H & S Accounting, we have built our reputation on providing the best customer service in the business. We asked our customers what they love about H & S Accounting, and here’s what they had to say:
As soon as the tax season approaches, businesses as well as individuals start worrying about their tax preparation. Undoubtedly, filing your taxes can be quite a hectic job to do. If you prepare ahead of time by getting all of your paperwork done, then it will be much less stressful when it is time to file.