How This New Tax Legislation Could Affect You

Filing accurate taxes is essential to stay on the right side of the internal revenue service (IRS). Consequently, one of the most critical forms that employers must fill out is the wage and tax statement (W-2), which declares salaries paid to employees.

Also, on the W-2 form, there needs to be a minimum filing of a dependent if they earn income. However, not many people are aware of this rule. If you did not file your income while being a dependent, it would affect your retirement, and it could force you to file all open tickets of W-2.

It may also mean that your retirement gets delayed, which would be unfortunate as you would miss out on enjoying life earlier and will have to continue working in the rat race for a few more years to come.

To avoid this situation, we recommend that you ask your tax adviser about the correct income filing rules for dependents claimed by the taxpayer. If you feel that you may need assistance with your this, then give us a call today.

With many years of experience, Edrien Inc. will help you file your returns and keep your finances in order. Besides, our friendly accountants and tax preparers are available 24/7 to assist you with your accounting needs.

We are professional in our approach and have an online login page where clients can access their records to ensure they know their current financial situation, while using our services.

Our services include accounting, bookkeeping, tax preparation, tax returns, and tax filing. We also render notary and immigration consultation services for clients.

We serve clients across Frederick, Bethesda, Gettysburg, Rockville, Baltimore, Aberdeen, Columbia, Essex, Glen Burnie, Odenton, Towson, Pasadena, White Marsh and the surrounding areas. If you have any questions about Edrien Inc. in Baltimore, MD, please contact us by clicking here. To learn more about the other services we have to offer, please click here.