Can You Issue a 1099 Without a W9 From a Contractor?
Learn how to handle issuing a 1099 without a W9, explore alternatives, and understand the implications for compliance.
Investment and Financial Markets
1099-B vs 1099-DIV: Key Differences and What to Do if Misissued
Understand the distinctions between 1099-B and 1099-DIV forms and learn how to address any errors for accurate tax reporting.
Who Has to Pay Indiana Self-Employment Tax and How to File?
Learn who is responsible for Indiana self-employment tax, how to calculate it, and the steps for filing and claiming deductions.
Do You Have to Pay Taxes on Online Gambling Winnings?
Understand the tax obligations for online gambling winnings, including reporting requirements and state-level implications.
Can You Deduct Charitable Contributions Without Itemizing?
Explore how you can benefit from charitable contribution deductions without itemizing, including eligible donation types and essential recordkeeping tips.
Schedule C Cost of Goods Sold With No Inventory Explained
Learn how to report cost of goods sold on Schedule C without inventory, focusing on direct costs, labor, and materials.
Fair Rental Days Calculator: How to Determine Rental Property Usage
Learn how to accurately calculate rental property usage and expenses with our Fair Rental Days Calculator guide.
How to Avoid Underpayment Penalty on Taxes
Learn strategies to prevent tax underpayment penalties by adjusting withholdings, scheduling estimated payments, and understanding safe harbor rules.
How Do Day Traders Avoid Wash Sales and Stay Compliant?
Learn strategies for day traders to navigate wash sale rules, maintain compliance, and optimize their trading outcomes effectively.
Where to Enter the Medical Portion of Auto Insurance Premiums in Michigan
Learn how to accurately report and manage the medical portion of auto insurance premiums in Michigan for tax and reimbursement purposes.
Can You Claim the Tax Credit if You Lease Solar Panels?
Explore how leasing solar panels affects your eligibility for tax credits and learn about ownership provisions and the filing process.
How Do I Calculate Depreciation Equivalent?
Learn how to calculate depreciation equivalents using various methods, understand tax implications, and maintain accurate financial records.
Why Didn’t My WV Taxes Get Considered in My Tax Filing?
Understand why your West Virginia taxes may not have been included in your filing and learn steps to ensure accurate state tax submissions.
What Is an ABP Adjustment on Schedule B and How Does It Work?
Learn about ABP adjustments on Schedule B, including filing criteria, calculation methods, and how to amend errors effectively.
When Does an LLC Need to File Taxes? Key Deadlines and Requirements
Understand the tax filing requirements and deadlines for LLCs, including federal and state obligations, to ensure compliance and avoid penalties.
What Should I Do if My Refund Is Scheduled to Be Deposited but Isn’t?
Learn steps to take if your expected refund isn’t deposited, including checking for errors and understanding potential delays.
I Lost My 5071C Letter. How Can I Get a Replacement?
Learn how to obtain a replacement for your lost 5071C letter with simple steps for verification and the necessary information you’ll need.
How Do You Qualify for Both the EITC and the CTC/ACTC?
Learn how to qualify for both the EITC and CTC/ACTC by understanding key criteria, income limits, and necessary tax forms.
Are Utilities Tax Deductible for a Business? What You Need to Know
Discover how to determine and document deductible utility expenses for your business to optimize tax benefits.
Green Dot Closed My Account. What Should I Do Next?
Learn steps to take if your Green Dot account is closed, including fund retrieval and understanding regulatory protections.