Will the IRS Tell Me If I Made a Mistake on My Taxes?
Learn how the IRS communicates tax return errors, what common mistakes trigger notices, and the steps to correct them to avoid potential issues.
Investment and Financial Markets
Cash Out Refinance for Home Improvement: How It Works and Key Steps
Learn how a cash-out refinance can help fund home improvements, key qualification factors, loan terms, and financial considerations to keep in mind.
How to Pay Property Taxes Without Escrow
Learn how to manage property tax payments independently, from budgeting and payment methods to verification and record-keeping for accurate reporting.
Can You Write Off Lunch at Work as a Business Expense?
Learn when work-related meals qualify as a business expense, how to document them properly, and which situations don’t meet IRS deduction rules.
How to Set Up Estimated Tax Payments Easily
Learn how to set up and manage estimated tax payments efficiently, choose the right payment method, and adjust for income changes while keeping accurate records.
How to Cancel a Monthly Subscription Payment Effectively
Learn how to efficiently cancel monthly subscription payments, avoid unnecessary charges, and ensure your cancellation is properly processed.
Who Doesn’t Need to File Taxes? Key Factors to Consider
Learn who may be exempt from filing taxes based on income, age, and filing status, and understand key factors that determine tax obligations.
If I Only Made $300, Do I Have to File Taxes?
Learn whether you need to file taxes on $300 in income by considering federal thresholds, dependency status, self-employment rules, and potential refunds.
Cares Act 401k Withdrawal Payback: What You Need to Know
Understand the key rules for repaying a CARES Act 401(k) withdrawal, including timelines, tax implications, and options for full or partial repayment.
Can My S Corp Pay My Student Loan? Tax Rules and Payment Options
Explore whether your S Corp can pay your student loans, the tax implications, and compliant payment strategies to maximize benefits while following IRS rules.
How to Not Pay Taxes on Gambling Winnings: Legal Strategies Explained
Learn legal strategies to minimize tax obligations on gambling winnings by understanding reporting thresholds, income classification, and applicable deductions.
COGS vs Expense Tax Deduction: What Business Owners Should Know
Understand the key differences between COGS and business expenses, how they impact taxes, and the best practices for accurate financial reporting.
When Does Community Property Income Begin and How Is It Classified?
Understand when community property income begins and how it is classified for tax and legal purposes, including its impact on earnings, assets, and filing status.
How to Report NUA on Your Tax Return Properly
Learn how to accurately report net unrealized appreciation (NUA) on your tax return, including cost basis allocation and capital gains treatment.
I Owe $4000 in Taxes — What Are My Payment Options?
Owe $4,000 in taxes? Explore your payment options, from full payments to extended plans, and understand potential interest and penalties.
How Much Medical Expenses Can You Deduct on Your Taxes?
Learn how to navigate medical expense deductions, understand eligibility limits, and ensure proper documentation for tax purposes.
Why Hasn’t My Amended Return Been Processed Yet?
Delays in amended return processing can happen due to IRS backlogs, verification needs, or errors. Learn what affects timing and how to check your status.
Where Do Distributions Go on the Balance Sheet?
Learn how different types of distributions impact the balance sheet and how they are recorded across various business structures.
Where Do I Mail My IRS Forms to Ogden, Utah?
Find out where to mail your IRS forms to Ogden, Utah, based on form type and payment status, plus key details on deadlines and mailing requirements.
Capital Gains Tax and Divorce: What You Need to Know
Understand how capital gains tax applies during divorce, including its impact on property, investments, and retirement accounts to ensure informed decisions.