Investment and Financial Markets

Explore how Pennsylvania taxes IRA distributions, covering traditional, Roth, rollovers, early withdrawals, and reporting requirements.

Learn how to effectively respond to a DTF-160 Account Adjustment Notice and ensure your financial records remain accurate and up-to-date.

Understand the IRS guidelines to distinguish between repairs and improvements, ensuring accurate financial reporting and compliance.

Explore how California taxes capital gains, including real estate, stocks, and digital assets, and understand the nuances for residents and nonresidents.

Explore how LLC partners report guaranteed payments, the role of Schedule K-1, and the impact on self-employment taxes.

Learn how to accurately determine and adjust the tax basis for land, ensuring compliance and optimizing your tax reporting.

Navigate your BECU 1099 forms with ease. Learn how to access, interpret, and manage your tax documents effectively.

Optimize your S Corp’s vehicle deductions by understanding purchase options, expense methods, and tax implications for business car use.

Explore the nuances of union dues tax deductibility in NY, including state vs. federal treatment and essential recordkeeping tips.

Understand the tax implications of selling land attached to your home, including capital gains, exclusions, and reporting requirements.

Learn the process of filing a corrected 1096 form, including when it’s necessary and how to ensure your revision is accepted.

Learn how to draft a tax return to accurately estimate your tax liability, helping you plan and adjust your finances effectively before filing.

Learn how to navigate bad debt tax deductions, including qualification criteria, classification, and filing requirements for accurate tax reporting.

Explore the nuances of tattoo taxation, including sales tax, income reporting, and jurisdictional differences affecting artists and clients.

Learn how to easily file an Arizona tax extension online, understand eligibility, and manage payment requirements to ensure compliance.

Learn steps to take if you didn’t receive a 1099 from DoorDash, including confirming income thresholds and filing taxes correctly.

Discover essential tax deductions for self-employed caregivers, from home office expenses to retirement contributions, to optimize your tax strategy.

Explore the nuances of tax deductions for business drivers and understand why speeding tickets are non-deductible expenses.

Explore how the Bailey Act in NC influences retirement income deductions, eligibility criteria, and necessary documentation for claims.