Investment and Financial Markets

Understand the factors influencing residency establishment for tax, mortgage, and legal purposes, and learn about necessary documentation and potential penalties.

Discover the 2023 HSA contribution limits for individuals and families, including catch-up and employer contributions, plus tax implications.

Learn the consequences of not paying estimated taxes, including penalties, interest, and effects on future returns, plus strategies to manage payments.

Explore how the IRS handles failed electronic payments, potential consequences, and alternative solutions for resolving tax debts.

Understand the implications of federal interest withheld on tax documents and learn how to address and correct any withholding issues.

Navigate the complexities of living in NJ and working in PA with insights on tax residency, filing requirements, and cross-border tax credits.

Learn when and how to file a corrected 1099 for address changes, ensuring compliance and accurate record-keeping.

Understand why landlords request tax returns for apartment applications and explore alternative income proofs for a smoother rental process.

Learn how to determine if you can claim your grandchild as a dependent on your taxes by understanding key criteria and requirements.

Understand the tax implications and requirements for claiming a foster child as a dependent, including residency rules and verification processes.

Learn how to update your business address with the IRS efficiently, ensuring compliance and avoiding potential processing delays.

Explore the nuances of deducting sales tax on home improvements, including key considerations and potential tax benefits.

Understand the income requirements for tax filing, including thresholds, deductions, and the impact of self-employment income.

Understand how per diem payments are classified on your W-2 and their impact on your taxable income.

Explore how military exceptions can impact the tax implications of selling a primary residence before two years.

Explore when a trust must file a tax return even without income, considering potential taxable events and the trustee’s responsibilities.

Understand the nuances of issuing 1099 forms for credit card payments and ensure compliance with IRS regulations.

Learn how to accurately allocate and document postage expenses on your business tax return to ensure compliance and maximize deductions.

Learn about the expiration of tax refund checks, the process for reissuing them, and the differences between state and federal policies.