Does a Car Loan Affect Your Tax Return?
Explore how car loans intersect with tax returns, focusing on business use, itemization, refinancing, and handling repossession or forgiveness.
Investment and Financial Markets
Should I Claim the N.C. Standard Deduction or Itemize?
Explore the factors influencing your choice between the N.C. standard deduction and itemizing, including filing status and income types.
How to Handle Taxes After the Death of a Parent
Navigate the complexities of tax responsibilities after a parent’s passing with this comprehensive guide on filing, reporting, and managing estate taxes.
Does the IRS Recognize Foreign Marriages for Tax Purposes?
Explore how the IRS evaluates foreign marriages for tax purposes, including filing status, income considerations, and currency conversion.
Can I Claim Head of Household if My Ex Claimed My Child?
Explore the criteria for claiming Head of Household status when your ex has claimed your child, and learn how to resolve potential conflicts.
How to Claim Side Hustle Tax Deductions for Business Expenses
Learn how to effectively claim tax deductions for your side hustle by understanding eligible expenses and maintaining accurate records.
What Is Schedule A Line 6 and How Does It Work?
Understand the purpose and function of Schedule A Line 6, including its role in tax deductions and necessary documentation for accurate filing.
Selling Inherited Foreign Property: Key Financial and Tax Considerations
Navigate the complexities of selling inherited foreign property with insights on financial, tax, and reporting considerations.
Sole Proprietorship vs Incorporation: Key Differences Explained
Explore the essential distinctions between sole proprietorships and incorporations, focusing on formation, liability, taxes, and capital raising.
Does FreeTaxUSA Save Progress on Incomplete Tax Returns?
Discover how FreeTaxUSA securely saves your progress on incomplete tax returns, ensuring a seamless and efficient filing experience.
Can a 1099 Employee Drive a Company Vehicle? Key Considerations
Explore the nuances of 1099 employees using company vehicles, covering tax, insurance, and recordkeeping essentials.
Does Kentucky Tax Pensions? What Retirees Need to Know
Explore how Kentucky taxes pensions, including key details on income thresholds, exclusions, and filing requirements for retirees.
Can Form 1310 Be E-Filed? Steps, Criteria, and Key Considerations
Explore the e-filing process for Form 1310, including eligibility, required documents, and submission steps for a seamless tax experience.
Does It Cost Money to File Taxes or Is It Really Free?
Explore the true costs of filing taxes, comparing free options and paid services, and understand when additional fees may apply.
Does the EV Tax Credit Apply to Leases or Just Purchases?
Explore how the EV tax credit affects leased vehicles, including eligibility, credit claims, and its impact on lease payments.
Can I Claim Head of Household With 50/50 Custody?
Explore how 50/50 custody impacts your eligibility for Head of Household status and related tax benefits. Learn about custodial rules and filing strategies.
Can a Revocable Trust Have an EIN and When Is It Required?
Explore when a revocable trust needs an EIN, how to apply, and understand its tax implications and transition to irrevocable status.
Does Delaware Tax Retirement Income?
Explore how Delaware taxes retirement income, including IRAs, 401(k)s, pensions, and Social Security, and learn about potential exclusions and nonresident rules.
Can a Minor Be a 1099 Employee and Pay Self-Employment Taxes?
Explore the nuances of minors working as 1099 employees, including tax obligations, parental roles, and essential documentation.
C Corp Tax Filing: What You Need to Know for Your Business
Navigate C Corp tax filing with ease by understanding key requirements, forms, and obligations to ensure compliance and avoid penalties.