Accounting Concepts and Practices

Understand the role of Box 2 on Form 1099-B, what information it includes, and how to verify its accuracy for reporting investment gains or losses.

Find the correct mailing address for your federal tax return in Wisconsin and ensure proper documentation and delivery for a smooth filing process.

Learn how to navigate IRS online chat, verify your identity, and connect with an agent for assistance with refunds, payment plans, and notices.

Learn how to navigate the charitable contribution carryover worksheet to maximize deductions, track unused amounts, and apply them to future tax returns.

Learn why the IRS prohibits using IRA funds for donor-advised contributions and the potential consequences of noncompliance with tax regulations.

Learn how to donate a car to a fire department, determine its fair market value, and complete the necessary tax forms for a smooth and compliant process.

Learn which bank fees may be tax-deductible, how to document them properly, and key differences between business and personal accounts for tax purposes.

Learn how MA Schedule X impacts your state tax return, including income adjustments, deductions, and reporting differences between federal and state taxes.

Learn how Wisconsin disabled veterans can access property tax relief, understand eligibility rules, and navigate the filing process for potential savings.

Understand what TGI P means on your New Jersey tax return, how it relates to taxable income, and what steps to take if it appears on your filing.

Learn how security cameras qualify as a business expense, the tax deduction methods available, and the documentation needed for compliance.

Learn the income requirements, filing considerations, and key factors that determine eligibility for the Child Tax Credit.

Learn why your tax transcript shows a future date, how it relates to processing timelines, and what it means for your tax return status.

Understand Wisconsin’s residency rules for tax purposes, including domicile, part-year status, and income allocation across multiple states.

Learn how to determine the right number of exemptions to claim in Wisconsin based on your filing status, income sources, and potential tax implications.

Understand SEP IRA contribution limits, how they vary for employers and the self-employed, and key factors that impact your maximum allowable contributions.

Understand Wisconsin’s vehicle tax structure, including sales tax, local fees, and exemptions, to make informed decisions when purchasing or leasing a car.

Learn how to file an amended Indiana tax return, including requirements, submission methods, and potential adjustments to your refund or tax liability.

Learn how to find, interpret, and report Schedule K-1 on your tax return, ensuring accurate filing for partnership, S corporation, or trust income.