How to Paper File a New York State Tax Return
Learn the step-by-step process to paper file your New York State tax return efficiently, from gathering documents to mailing and follow-up.
Investment and Financial Markets
What Age Are You No Longer a Dependent for Tax Purposes?
Understand the age and criteria that determine when you are no longer considered a dependent for tax purposes, affecting credits and deductions.
Married Filing Separately Dependent Care Credit: What You Need to Know
Explore the nuances of claiming the Dependent Care Credit when married filing separately, including eligibility, income considerations, and reporting accuracy.
MA Capital Gains Tax: What You Need to Know About Rates and Rules
Navigate Massachusetts capital gains tax with insights on rates, classifications, and reporting to optimize your financial planning.
Does GoFundMe Send a 1099 for Donations Received?
Explore how GoFundMe handles tax reporting for donations, including when a 1099 form might be issued and the distinction between personal gifts and income.
1040 SR vs 1040: Key Differences and Filing Requirements
Explore the distinctions between 1040 SR and 1040 forms, focusing on eligibility, layout, deductions, and income reporting for informed tax filing.
Do You Have to Pay Taxes on Gambling Winnings If You Lost It All?
Understand the tax implications of gambling winnings and losses, and learn why proper documentation is crucial for accurate tax reporting.
Whoops! We Hit a Snag Loading Your Data. How to Fix This Error
Discover practical solutions and preventative measures for resolving and avoiding data loading errors in your systems.
Can a Trust Deduct Medical Expenses on Its Tax Return?
Explore how trusts can manage tax deductions for medical expenses, focusing on eligibility, documentation, and trust document specifics.
Are Financial Advisor Fees Tax Deductible in California?
Explore the tax implications of financial advisor fees in California and learn how different filing statuses affect their deductibility.
California Employee Classified as a Federal Independent Contractor: Key Tax Implications
Explore the tax implications for California employees classified as federal independent contractors, including reporting, deductions, and filing requirements.
What Happens If You Don’t Pay Quarterly Taxes?
Understand the consequences of not paying quarterly taxes, including penalties, interest, and potential enforcement actions.
When Do I Need to File My Taxes? Key Deadlines and Guidelines
Learn about essential tax filing deadlines, guidelines, and options for extensions to ensure timely and accurate submission of your tax returns.
What Does the M1 Code on a 1099-R Mean?
Understand the M1 code on a 1099-R, its implications for tax withholding, and essential recordkeeping practices.
How to Find Beginning Inventory for Accurate Financial Records
Learn effective strategies to determine beginning inventory, ensuring precise financial records and informed business decisions.
What Is Consumer Use Tax and When Does It Apply?
Understand consumer use tax, its application, exemptions, and how to calculate and file to ensure compliance and avoid penalties.
What Are Portfolio Deductions and How Do They Work?
Explore how portfolio deductions impact your investment returns, covering key expense categories and essential reporting requirements.
Excess Mortgage Interest for a Home Office: What You Need to Know
Learn how to manage and report excess mortgage interest for your home office to optimize tax benefits effectively.
Do I Have to Pay Taxes When Selling Inherited Property in Mexico?
Understand the tax implications and reporting requirements when selling inherited property in Mexico, including both Mexican and US obligations.
Is Building a Shop Tax Deductible for Your Business?
Explore the tax implications of building a shop for your business, including deductions, depreciation, and documentation essentials.