If you have an IRS tax debt that you haven’t paid, the government can place a tax lien on your property. A tax lien is a formal legal claim against your property to recover taxes, and it gives the government a legal right to your property if you don’t pay […]
The child tax credit (CTC), created in 1997, is a federal tax credit available to taxpayers with children. As with most tax laws, the CTC has been modified over the years. In 2021, the American Rescue Plan Act (ARPA) introduced the concept of “advance payments” of the CTC for the […]
For many, the COVID-19 pandemic wreaked havoc on our daily lives. In the professional space, it created quite a challenge for business owners as they navigated supply chain issues and difficulties retaining workers at a time when business income was suppressed. On the issue of employee retention, the federal government […]
When the coronavirus pandemic hit the United States in the early months of 2020, many small businesses ground to a halt as customers stayed home and did not dine out or shop the way that they previously had. Small businesses lost much of their income, but they still had expenses—such […]
Camden & Meridew, P.C. is pleased to announce that firm partners Julie A. Camden and Corey R. Meridew have been selected for inclusion in the Indiana Super Lawyers® 2022 listing. Julie is recognized in Super Lawyers in the area of tax law in Indiana, while Corey is included in the […]
Filing income tax returns is a daunting task. After waiting a month for all your W-2 and 1099 Income Statements to arrive, you have to find the time to gather all your tax deduction and tax credit documentation. It can take hours, days, even weeks to then take all that […]
Tax professionals help individuals and businesses navigate complex federal and state laws. To get the help you need, you must understand which type of tax professional your situation calls for. Do you need a certified public accountant (CPA) or a tax attorney? The answer requires understanding the difference between a […]
Taxes may be one of life’s unpleasant certainties, but there are ways to minimize or eliminate potential frustrations and unnecessary expenses. Preparation is key to filing a tax return that maximizes credits and deductions without triggering red flags for IRS audits. In this blog, an Indiana tax attorney answers some […]
The child tax credit (CTC) is a federal tax credit that was created in 1997 by the Taxpayer Relief Act. The credit has been modified in various ways over the decades since its debut, but changes made in 2021 by the American Rescue Plan Act (ARPA) are the first to […]
As the pandemic brought much of the world to a halt, it also created an entirely new legal practice area. Congress has passed several laws providing COVID relief to individuals, families, and businesses hurt by the economic shutdown caused by the pandemic. Some of the relief is realized only on […]