Merry Christmas and Happy New Year 2022

Posted on November 22, 2021November 22, 2021Categories Articles

Year 2021 was another challenging time for all of us, it was also a learning experience to appreciate and value our family and friends as well.  Dante Tax Service moved to a new location, and our new address is  1203 Flynn Rd Suite 130, Camarillo, CA 93012.  Following CDC health protocols to keep you and your family safe, we require to use a mask inside the office. Please call us to make an appointment. Call or text (805) 483-6665. Virtual … Continue reading “Merry Christmas and Happy New Year 2022”

CHILD TAX CREDIT

Posted on November 22, 2021Categories Articles, Tax Tips

IRS Tax Tip 2021 Taxpayers may be able to claim the child tax credit if they have a qualifying dependent child 17 or younger. The credit is refundable in 2021, so it may give a taxpayer a refund even if they don’t owe any tax. The taxpayer’s qualifying child must have a Social Security number issued by the Social Security Administration before the due date of their tax return, including extensions. A dependent who doesn’t have the required SSN may … Continue reading “CHILD TAX CREDIT”

Avoid penalty for not having health insurance in 2022

Posted on November 22, 2021November 22, 2021Categories Articles, Tax Tips

You must either enroll in a qualified health plan or have a valid exemption. Starting in 2020, California residents must either: Have qualifying health insurance coverage, or Pay a penalty when filing a state tax return, or Get an exemption from the requirement to have coverage. The penalty for not having coverage the entire year will be at least $800 per adult and $400 per dependent child under 18 in the household when you file your 2021 state income tax … Continue reading “Avoid penalty for not having health insurance in 2022”