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What Is a Dependent for Tax Purposes?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:53  |  805 views

What are the qualifying characteristics of a dependent for tax purposes? Following is a general explanation on how to determine dependents, and how it relates to your tax status, liability, and the credits you can claim on your tax return.



Various Toyota Hybrids Get Tax Credit Certification From IRS

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:57  |  824 views

Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid.



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