Investment and Financial Markets

Understand the 1099-NEC form, its purpose, who needs to file it, and how it differs from other forms to ensure accurate tax reporting.

Explore how 401k contributions impact your taxes, including eligibility, benefits, and recent regulatory changes. Make informed financial decisions.

Understand IRS Form 1041, its filing requirements, income reporting, deductions, and deadlines to ensure compliance for estates and trusts.

Learn the key criteria for claiming your recent college graduate as a dependent on your taxes, including age, residence, and financial support guidelines.

Learn how to efficiently file Form 2553 online to elect S Corporation status, ensuring compliance and optimizing your business structure.

Explore the nuances of the 1.263a-3 capitalization election for real estate, focusing on criteria, formal election, and recordkeeping essentials.

Explore the essentials of qualified transportation fringe benefits, including transit, parking, and IRS guidelines for employers and employees.

Understand the process of state tax refunds, factors influencing amounts, and how to efficiently file and track your refund status.

Explore how the NC standard deduction varies by filing status and key factors, and learn the steps to effectively claim it on your taxes.

Learn how to accurately manage and clear income lines on Schedule 1 for a smoother tax filing process.

Navigate Michigan Form 4884 with ease. Understand filing requirements and criteria for government pension subtractions.

Learn how to accurately report the number of postsecondary schools attended for financial and loan applications, ensuring smooth verification and processing.

Explore how you can deduct mileage while taking the standard deduction, including business, medical, and charitable travel insights.

Discover how to determine your eligibility for a stimulus check, including key factors like income, filing status, and dependent criteria.

Learn how federal and state tax extensions differ, and understand the requirements to ensure compliance and avoid potential penalties.

Learn how to navigate sales tax deductions on your federal return, including qualifying purchases and documentation tips.

Explore the essential tax and financial factors to consider when gifting a house, ensuring a smooth and informed property transfer process.

Discover the key factors to determine if you can claim your 22-year-old college student as a dependent on your taxes, including age, education, and residency criteria.

Explore when a W9 is necessary for donations, understanding tax implications, and how nonprofit status influences documentation needs.