Accounting Concepts and Practices

Understand how HSA refunds, taxes, and contributions work, including options for excess contributions, withdrawals, and proper recordkeeping.

Learn how to adjust tax withholding on your Social Security benefits to better align with your financial needs and avoid unexpected tax liabilities.

Learn how to accurately report a rollover IRA on your taxes, avoid common mistakes, and ensure compliance with IRS requirements.

Learn how to properly reimburse yourself for business expenses while maintaining accurate records, staying compliant, and managing tax implications effectively.

Learn how to properly deduct camera equipment on your taxes by understanding classifications, depreciation methods, and documentation requirements.

Learn what an ID number is, where to find it on your ID card, how it’s used in verification, and why keeping it accurate is essential.

Learn how to accurately report futures trading on your taxes, including classifications, calculations, and required forms for compliance.

Understand how different withholding methods impact the taxation of your bonus and what it means for your overall tax liability.

Learn about Louisiana Schedule E tax filing, including income types, reporting requirements, and deductions to ensure accurate tax compliance.

Learn how to apply cost segregation on your tax return using IRS Form 3115, properly categorize assets, and manage depreciation adjustments.

Learn how spouses can run a sole proprietorship together, navigate tax treatment options, and meet legal requirements while maintaining simplicity.

Learn how to determine your partnership basis using a K-1 form, factoring in contributions, income, deductions, liabilities, and distributions.

Learn how to accurately calculate, submit, and verify your GA ITS tax payment while exploring available payment methods and potential consequences of late payments.

Learn how to claim the Illinois Bright Start tax deduction, understand contribution limits, and maximize benefits while staying compliant with state tax rules.

Understand how earning $12,000 a year impacts your tax liability, including deductions, credits, and filing requirements to help you plan effectively.

Understand Illinois 1099 filing requirements, including who must file, key thresholds, and compliance guidelines to help ensure accurate and timely reporting.

Learn how to accurately report poll worker income on your tax return, including key forms, withholding rules, and potential exclusions.

Wondering why your tax refund is delayed? Learn about common processing issues, tracking options, and when to reach out for assistance.

Learn how to accurately track and document mileage for tax purposes, meet IRS requirements, and maintain records to support business-related travel deductions.