Investment and Financial Markets

Effectively managing business assets during closure involves strategic decisions on disposal, transfer, and compliance to ensure a smooth and organized process.

Learn how earning below the standard deduction affects your tax liability, potential refunds, and whether you need to file a return.

Understand the financial, tax, and legal factors to consider when charging rent to an elderly parent, including documentation, assistance eligibility, and estate planning.

Understand what to do after receiving a 1042-S, from verifying your tax status to handling withheld amounts, filing requirements, and potential corrections.

Understand the role of Copy C of Form 1099-NEC, who keeps it, and why proper record-keeping matters for accurate tax reporting and compliance.

Learn how to use a Dependent Care FSA to reimburse grandparents for babysitting while meeting IRS requirements and understanding tax implications.

Learn how to manage unexpected capital gains to minimize tax penalties by adjusting withholding, making estimated payments, and using available deductions.

Learn how to accurately report K-1 income on your 1040 tax return, distinguish between income types, and account for deductions or losses with proper documentation.

Discover key factors that may have reduced your tax refund this year, from tax law adjustments to changes in income, deductions, and withholding.

Understand the key rules for claiming dependents who receive government assistance, including eligibility, tax implications, and necessary documentation.

Understand why TaxAct may be charging you despite its free filing offer, including potential upgrades, additional fees, and common billing factors.

Learn why some tax returns must be mailed instead of e-filed, including form compatibility, verification requirements, and state-specific restrictions.

Learn who issues Form 1095-A, who receives it, and how to address errors or missing forms to ensure accurate reporting for your health coverage.

Learn how to track your California tax refund, understand potential delays, and address common issues that may affect processing and payment.

Learn how to identify and correct potential errors on the IA 1040 Schedule 1 form to ensure accurate tax reporting and avoid unnecessary complications.

Learn how a car’s down payment factors into business tax deductions, including depreciation rules, usage requirements, and proper documentation.

Understand how the Clean Energy Credit applies to taxpayers, including eligibility, filing requirements, and key considerations for accurate tax reporting.

Understand the IRS tax filing deadline, time zone factors, and key differences between filing and payment to avoid late penalties.

Understand Wisconsin’s tax underpayment rules, how penalties are calculated, and whether you may qualify for a waiver to reduce potential fees.