Accounting Concepts and Practices

Unexpected IRS check? It may be due to prior corrections, overlooked credits, or processing adjustments. Learn the possible reasons behind your payment.

Understand why your Pennsylvania tax refund amount may differ from expectations, including adjustments, offsets, and common filing issues.

Learn how to accurately complete Form 5121 for Detroit taxes, including key calculations, required documentation, and steps for submission or corrections.

Learn how courtesy withholding works, why it’s used, and how it impacts tax obligations across different jurisdictions.

Struggling to reach the IRS by phone? Learn alternative ways to get assistance, access digital tools, and navigate your tax concerns efficiently.

Understand how a double inherited IRA is created, its tax implications, required withdrawals, and key administrative considerations for beneficiaries.

Understand the factors behind your higher Massachusetts income tax, from rate changes to deductions, withholding adjustments, and income variations.

IRS Code 424 indicates a potential audit or review of your tax return. Learn what it means, possible next steps, and how to respond effectively.

Understand the key considerations when receiving wages through Zelle, including tax implications, recordkeeping, and compliance with employment laws.

Learn the key steps to correctly file a Delaware amended tax return, including forms, timing, documentation, and how to handle refunds or additional payments.

Learn how to identify and address employer tax errors, correct necessary forms, and take steps to prevent future issues with your tax withholdings.

Understand how fire-related tax deductions work, including casualty losses, insurance reimbursements, and potential limits on claims after a home fire.

Understand the key requirements, forms, and timing for filing a final corporate tax return to ensure compliance and properly close your business.

Learn which job search expenses may be tax-deductible, what limitations apply, and how to properly track and claim these costs on your tax return.

Learn where to find the FATCA filing requirement on Form 1099-B, why it may be missing, and what steps to take if corrections are needed.

Learn how to retroactively claim the Child Tax Credit, including eligibility requirements, filing an amended return, and key factors that may affect approval.

Received a letter from the Iowa Department of Revenue? Learn why you were contacted, how to interpret your notice, and the steps you may need to take next.