Can I Get an Extension to Pay My Taxes? Here’s What to Know
Learn how to request a tax payment extension, understand potential costs, and explore alternative payment options to manage your tax obligations effectively.
Investment and Financial Markets
Can I File Taxes if I Do Hair From Home?
Learn how to file taxes as a home-based hairstylist, including income reporting, deductions, and tax obligations for self-employed professionals.
Can I Deduct Moving Expenses for My Business?
Learn which business moving expenses qualify for tax deductions, how to meet IRS requirements, and what records to keep for compliance.
Are Bonuses Taxed in California? What You Need to Know
Understand how bonuses are taxed in California, including withholding methods, residency considerations, and employer requirements.
Can I Take the Self-Employed Health Insurance Deduction and Premium Tax Credit?
Learn how self-employed individuals can balance the health insurance deduction and premium tax credit to optimize tax savings while staying compliant.
How to File Taxes for an LLC in Illinois
Learn how to navigate LLC tax filing in Illinois, from classification choices to reporting requirements, to ensure compliance and avoid common pitfalls.
If You Win $750,000, How Much Will Be Taxed?
Understand how taxes impact a $750,000 windfall, including federal, state, and withholding considerations that affect your final amount.
Can You Roll an ESOP Into an IRA? Steps, Rules, and Tax Implications
Learn how to roll an ESOP into an IRA, key tax considerations, and common mistakes to avoid for a smooth and compliant transition of retirement funds.
Can Imputed Income Lead to Double Taxation? Here’s What to Know
Understand how imputed income is taxed, its potential impact on your tax liability, and whether it can result in double taxation.
How to File Georgia State Taxes: A Step-by-Step Overview
Learn how to file your Georgia state taxes efficiently, from determining your filing status to submitting forms and tracking your return.
How to Report UK State Pension on a U.S. Tax Return
Learn how to accurately report your UK State Pension on a U.S. tax return, including tax treaty considerations, currency conversion, and potential credits.
Can I Pay Business Expenses From My Personal Account?
Learn the implications of using personal funds for business expenses, including tax considerations, record-keeping practices, and financial reporting impacts.
Can Real Estate Losses Offset Ordinary Income?
Learn how real estate losses can offset ordinary income, the eligibility requirements, and how tax rules impact deductions and carryovers.
How Does a Builder Financed Construction Loan Work?
Understand how builder-financed construction loans work, including payment structures, loan terms, and the transition to a permanent mortgage.
Can My LLC Pay for My Gym Membership as a Business Expense?
Learn whether your LLC can cover gym memberships as a business expense, key tax considerations, and alternative ways to support wellness costs.
If I Have a Mortgage, Do I Own My Home?
Having a mortgage means you hold legal title to your home, but lenders have a financial interest. Learn how equity, liens, and foreclosure impact ownership.
If a Taxpayer Spouse Dies During the Tax Year, What Happens?
Learn how a spouse’s passing affects tax filing, including status changes, final return requirements, potential credits, and handling refunds or liabilities.
If I Send Crypto to a Friend, Is It Taxable?
Understand the tax implications of sending crypto as a gift, including potential obligations for both sender and recipient, and the importance of proper record-keeping.
How to Set Up Payments for Taxes You Owe
Learn how to set up a tax payment plan, explore available options, and understand key requirements to manage your tax obligations effectively.
Who Qualifies for Oregon Itemized Deductions?
Learn who benefits from itemizing deductions in Oregon and how factors like taxes, mortgage interest, and medical costs impact your eligibility.