Investment and Financial Markets

Learn why your traditional IRA contribution may not be tax-deductible and how factors like income, filing status, and workplace plans can impact eligibility.

Understand IRS Code 8 and how the taxable return of contributions affects your income, filing process, and potential tax obligations.

Learn what IRS Stop 6525 means, why you received it, and how to respond effectively to avoid delays or complications with your tax processing.

Learn how to calculate your tax liability, account for deductions and credits, and explore payment options to stay compliant and avoid unnecessary penalties.

Learn how the Indiana vehicle excise tax applies to your tax filings, including eligibility for deductions, exemptions, and key recordkeeping practices.

Learn how to determine the right number of exemptions to claim as a single filer and adjust your withholding to better match your tax situation.

Understand how military retirement pay is taxed, including disability provisions, survivor benefits, and IRS guidelines for different types of service.

Learn what IRS Error Code 428 means, how it relates to income verification, and the steps you may need to take to resolve it and avoid refund delays.

Learn how personal property tax is assessed, including valuation methods, exemptions, and local tax rates, to better understand your tax obligations.

Learn how IHSS live-in providers may qualify for tax-exempt income, key reporting rules, and important tax considerations to ensure compliance.

Understand how marriage impacts your tax filing, from choosing the right status to updating financial details and maximizing potential benefits.

Learn how to correctly complete and submit Form 8379 to protect your share of a tax refund when filing jointly with a spouse who has past-due debts.

Understand how IRS Code 290 may affect your tax refund timeline, potential adjustments, and when to check your return status or contact the IRS.

Handling a refund check for a deceased person requires proper documentation and legal steps to ensure compliance with estate regulations. Learn the process here.

Learn how to determine whether investment interest expense belongs on Schedule A or Schedule E, ensuring accurate tax reporting and compliance.

Understand Maryland’s income tax rates, including state brackets, local surcharges, and deductions, to better navigate your tax obligations.

Understand how Illinois and California tax laws apply when you live in one state and work in another, including residency rules, wage allocation, and tax credits.

Learn how to correctly fill out a money order for IRS payments, including key details to include, mailing steps, and what to do if it’s lost or damaged.