Schedule 8812 Instructions Credits for Qualifying Dependents

An adopted child includes a child lawfully placed with you for legal adoption. For the latest information about developments related to Schedule 8812 and its instructions, such as legislation enacted after they were published, go to IRS.gov/Schedule8812. Set your business up for success with our free small business tax calculator. The Child Tax Credit is … Read more

Easy Formula Steps On How To Calculate Common Stock

The main rationale for using dual classification is to preserve control over the company. Investing in preferred stock from a shaky company is as risky as buying its common stock. If the company fares poorly, both types of stock are likely to produce losses. Because of their stable dividends and lower volatility, preferred stocks are … Read more

Journal Entry for Employee Advance

Finally, deduct the amount from the employee’s wages according to the written agreement. This should be easy to do with payroll software, but you can manually cut a check to cover the costs. Suppose in the above example the net wages due to the employee were 1,100. Normally the employee would be paid the amount … Read more