Is a Credit Card Balance Considered a Liability?
Understand how credit card balances are classified in personal finance and accounting, and their impact on financial assessments.
Investment and Financial Markets
Where Do I Pay Sales Tax on a Car I Purchased?
Understand where and how to pay sales tax on your car purchase, whether through a dealership, private sale, or out-of-state transaction.
Where to File Form 5329 by Itself to the IRS
Learn how to independently file Form 5329 with the IRS, including mailing addresses, documentation, and submission options.
How to Pay Wisconsin Taxes Online Easily and Securely
Streamline your Wisconsin tax payments with secure online options. Learn how to set up accounts, choose payment methods, and manage records efficiently.
How Do I Claim the Qualified Business Income Deduction?
Learn how to navigate the Qualified Business Income Deduction, including eligibility, income thresholds, and reporting on federal returns.
Step-Up in Basis for Jointly Owned Property Between Husband and Wife
Explore how step-up in basis affects jointly owned property for spouses, including calculation methods and ownership structure implications.
Sell to Cover RSU Tax Reporting: What You Need to Know
Navigate RSU tax reporting with ease. Understand sell to cover, 1099-B, cost basis, and W2 implications for accurate filing.
Can a Homeowner 1099 a Contractor for Work Done?
Learn when and how homeowners should issue a 1099 to contractors, including key criteria, filing steps, and recordkeeping practices.
Can I Claim My Autistic Child as Disabled on My Taxes?
Learn how to navigate tax benefits for your autistic child, including eligibility criteria and potential credits available.
Tax on Paper Products: What You Need to Know for Deductions
Understand the nuances of tax deductions on paper products, including classification, reporting, and essential recordkeeping practices.
If I Make $40,000 a Year, How Much Do I Pay in Taxes Filing Single?
Explore how a $40,000 annual income impacts your tax obligations as a single filer, including deductions, credits, and potential refunds.
Oregon Subtraction Code 315: Deducting Federal Bond Interest
Learn how to navigate Oregon’s Subtraction Code 315 to effectively deduct federal bond interest from your state taxes.
How Are Distributions Taxed in an S Corp?
Understand the tax implications of S Corp distributions, including flow-through treatment, basis adjustments, and state-level variations.
How to Check My Roth IRA Contributions and Account Details
Learn how to efficiently access and review your Roth IRA contributions and account details for better financial management.
Can You Write Off Mortgage Payments as a Business Expense?
Explore how mortgage payments can be partially deducted as business expenses, focusing on interest, home office use, and tax implications.
How to Calculate and Claim a Home Office Rent Deduction
Learn how to accurately calculate and claim your home office rent deduction, ensuring compliance and maximizing your tax benefits.
Do I Need to File a Tax Return? Key Factors to Consider
Determine if you need to file a tax return by exploring income thresholds, self-employment factors, and potential benefits of filing.
Can You Claim Someone Over 18 as a Dependent on Your Taxes?
Learn the criteria and considerations for claiming an adult dependent on your taxes, ensuring compliance and optimizing your tax benefits.
How Is Injured Spouse Refund Calculated?
Discover how injured spouse refunds are calculated, including income allocation, debt handling, and the process for claiming your rightful refund.
Arizona Nonresident Filing Requirements: Do You Need to File Taxes?
Understand Arizona tax obligations for nonresidents, including income sources and filing thresholds, to ensure compliance and avoid penalties.