Investment and Financial Markets

Explore the tax benefits and reporting requirements of Simple IRA contributions, including deductibility rules and contribution limits.

Explore the implications and risks of claiming 10 on your W4, including tax impacts and potential underwithholding issues.

Explore the tax implications of COBRA payments, including IRS guidelines, itemizing medical expenses, and self-employment considerations.

Learn how to obtain your 1099-SA form for HSA contributions from various sources, including custodians and employers, and steps to take if it’s missing.

Learn how to accurately report Box 12a and 12d information from your W-2, including tips on handling various codes and necessary recordkeeping.

Discover when and why you should use an EIN instead of your SSN for business identification and the steps to make the transition smoothly.

Learn why New York State requires a driver’s license document number for tax returns and how to locate and correct issues with it.

Discover practical steps to identify if you owe back taxes, from reviewing documents to consulting professionals. Stay informed and proactive.

Learn about Texas state tax obligations, including non-income taxes and out-of-state filing requirements, to ensure compliance and avoid issues.

Understand the time limits and legal nuances of 1099-C forms, including recent changes and how they impact your financial obligations.

Explore practical solutions and resources for managing tax obligations when financial constraints make filing challenging.

Understand the reasons behind a pending tax refund in your bank account and learn steps to expedite the release of your funds.

Understand the nuances of Form 8978 for partnership adjustments, including when it applies and how to accurately complete and file it.

Explore the financial nuances and compliance requirements distinguishing vehicle registration from insurance coverage.

Learn how to navigate Roth IRA recharacterization to a Traditional IRA, including eligibility, steps, tax implications, and deadlines.

Learn strategies to manage 401K inheritance effectively, minimizing tax impact and ensuring compliance with financial regulations.

Understand the nuances of severance pay taxation, including federal and state guidelines, and its impact on your tax bracket.

Explore the complexities of rental loss carry forward, including calculation, tracking, and the impact of real estate professional status.

Explore the tax implications of continuing education expenses, including eligibility criteria and documentation requirements for deductions.