by Riedel-Hogan CPA Staff | Dec 27, 2021 | Individual Tax
The Advanced Child Tax Credit will require reconciliation on the 2021 tax return. The 2021 tax return should be filed prior to April 18, 2022. The IRS will be sending out letter 6419 to all recipients of the Advanced Child Tax Credit to provide the total of funds...
by Riedel-Hogan CPA Staff | Nov 24, 2021 | Accounting
What is it? A general ledger is a master financial document that accounts for all of a company’s debit and credit transactions in opposing sections. The reason for a general ledger is to get a full grasp of a company’s financial wellness. A general ledger can be used...
by Riedel-Hogan CPA Staff | Oct 19, 2021 | Business Tax
As a small business owner, you want to take advantage of all of the possible opportunities for saving money. Luckily, there is a way here in Kentucky to save money on your taxes through the Kentucky Small Business Tax Credit (KSBTC). This incentive may give your...
by Riedel-Hogan CPA Staff | Sep 22, 2021 | Individual Tax
In this article, we’ll break down what a tax deduction is, what a tax credit is, and how to tell the difference. Choosing one or the other can be tricky, but the professionals here at Riedel-Hogan are ready to help you make the most financially beneficial decision....
by Riedel-Hogan CPA Staff | Aug 18, 2021 | Individual Tax
The government gets millions of dollars each year from tax-payers who don’t get the refund that they deserve. Opting to do your own taxes can place you at greater risk of missing out on these valuable deductions. Here are the most commonly overlooked tax deductions:...
