Investment and Financial Markets

Explore the role of CFSF in the IRS Combined Federal/State Filing Program, including requirements, forms, and tips for accurate submissions.

Learn how to accurately report side hustle income on your taxes, understand liabilities, and optimize deductions for financial clarity.

Learn how to accurately calculate capital gains on rental property sales, considering cost basis, adjustments, and tax implications.

Learn how to accurately report stolen cryptocurrency on your taxes, including classification, calculation, and documentation essentials.

Navigate the essentials of claiming a child on taxes, including key criteria and benefits, to optimize your tax filing strategy.

Explore whether waiting time penalties are considered taxable income and understand the implications for tax reporting and compliance.

Learn how to accurately report foreign gifts on Form 3520 Part IV to ensure compliance and avoid potential IRS penalties.

Learn the importance of keeping receipts for HSA expenses, how they validate claims, and the tax implications of proper recordkeeping.

Learn how to calculate dump truck depreciation and maximize tax deductions with effective strategies and proper documentation.

Learn effective strategies to manage and potentially stop tax offsets related to child support refunds, ensuring financial stability and compliance.

Discover how to locate and interpret your K-1 ownership percentage, understand its implications, and manage changes in partnership interests effectively.

Explore how 60/40 custody impacts tax claims, including dependency rules, tie-breakers, and essential documentation for parents.

Navigate the complexities of filing taxes for a multi-member LLC with insights on classifications, federal steps, and profit division strategies.

Learn how to accurately report sublease income on your tax return, including classification, deductions, and necessary documentation.

Explore the intricacies of Hawaii’s tax system, including excise taxes, income categories, and filing requirements, to ensure compliance and optimize benefits.

Explore the distinctions between Earned Income Credit and Child Tax Credit, focusing on eligibility, income factors, and refund differences.

Explore how pension income affects Social Security withholding and understand the implications of GPO and WEP on your benefits.

Understand the implications of receiving Form 6513, explore your options, and learn how to effectively communicate with the IRS.