Caldwell & Associates
"FOR YOUR FUTURE'S SAKE"
FINANCIAL SERVICES
What's New
SCRUITINY…SCRUITINY…SCRUITINY
THE INTERNAL REVENUE SERVICE IS NOW PAYING CLOSE ATTENTION TO TAXPAYERS CLAIMING THE EARNED INCOME CREDIT (E.I.C.) FOR EACH CHILD CLAIMED.
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BIRTH CERTIFICATE
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CHILD CARE RECORDS
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CHURCH MEMBERSHIP
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EMPLOYER STATEMENT
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HEALTH CARE RECORDS
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LANDLORD RENTAL AGREEMENT
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MEDICAL RECORDS
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SCHOOL RECORDS
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SOCIAL SERVICES STATEMENT
HERE IS WHAT THEY’VE DONE:
THEY’VE REVISED FORM 8867 THAT NOW ASKS ADDITIONAL QUESTIONS CONCERNING THE CHILD OR CHILDREN THE TAXPAYER MAY CLAIM.
EVEN TO THE POINT OF; IF THE PARENT IS NOT CLAIMING THE CHILD, WHY NOT? AND YOU MUST SHOW PROOF THAT YOU MAY LEGALLY CLAIM THE CHILD/CHILDREN VIA:
- BANK STATEMENTS
- BUSINESS LICENSE
- FORM 1099 M
- RECEIPTS
- SUMMARY OF INCOME
IF YOUR INCOME IS RELATED TO A BUSINESS, YOU MUST BE ABLE TO PROOVE IT VIA:
"FOR YOUR FUTURE'S SAKE"
UNDER SEIGE
THE FOLLOWING FORMS ARE LIKELY CAUSES OF AN AUDIT IN AFFECT. THE INTERNAL REVENUE SERVICE LOVES TO CHALLENGE FOR RECORDS AND RECEIPTS.
IT’S GREAT TO USE THESE FORMS, BUT BE PREPARED FOR ADDITIONAL QUESTIONING:
SCHEDULE A
- MEDICAL
- DMV
- REAL ESTATE TAXES
- MORTGAGE INTEREST
- CHARITABLE GIVING
FORM 2106
- WORK-RELATED EXPENSES
- MISCELLANEOUS EXPENSES