How to Offset Capital Gains From the Sale of a Business
Learn strategies to reduce capital gains tax when selling a business, including deductions, loss offsets, and tax-deferred options for smarter financial planning.
Investment and Financial Markets
Can You Write Off Inventory? How to Handle Unsalable Stock
Learn how to properly handle unsalable inventory, account for write-offs, and maintain accurate financial records while avoiding common mistakes.
How to Apply for R&D Tax Credits for Your Business
Learn how to navigate the R&D tax credit application process, from identifying eligible expenses to meeting documentation and filing requirements.
How to Use 529 Funds for College Expenses
Learn how to effectively use 529 plan funds for college expenses while maximizing tax benefits and ensuring compliance with education funding rules.
Can You Face Contempt of Court for Issues With Form 8332?
Understand how issues with Form 8332 can lead to legal and financial consequences, including potential contempt of court, and how to navigate compliance.
How to Calculate Capital Gains on Property When Selling a House
Learn how to calculate capital gains on a home sale, including cost basis adjustments, exemptions, and tax implications for different property types.
Will the IRS Call You Back if You Get Disconnected?
Learn what to expect if your call to the IRS gets disconnected and explore alternative ways to reach an agent for assistance with your tax concerns.
Can You Write Off Products You Review on Your Taxes?
Learn when reviewed products qualify as tax write-offs, how to document expenses properly, and the tax implications of gifted or complimentary items.
Why Is TaxSlayer Charging Me More Than Expected?
Unexpected TaxSlayer charges often stem from plan upgrades, additional state returns, or processing fees. Learn what affects your total cost.
How to Report Eminent Domain on Your Tax Return
Learn how to navigate tax reporting for eminent domain, including key rules, potential tax deferrals, and required documentation for compliance.
How to Find and File Idaho Tax Form 40 for Your State Return
Learn how to locate, complete, and submit Idaho Tax Form 40 accurately, including key sections, filing requirements, and steps for making corrections.
How to Sell RSUs on Fidelity: A Step-by-Step Overview
Learn how to navigate Fidelity’s platform to sell RSUs efficiently, understand order types, and manage tax implications for a smoother transaction process.
Why Is a QCD Better Than a Charitable Deduction?
Discover how a Qualified Charitable Distribution (QCD) can offer tax advantages over a charitable deduction by reducing taxable income and optimizing giving.
Where Do I Report Hobby Income on Form 1040?
Learn how to accurately report hobby income on Form 1040, understand IRS classification rules, and properly document related financial transactions.
When to Get a New EIN for Your Business Operations
Understand when your business needs a new EIN due to structural changes, ownership shifts, or operational transitions to stay compliant with IRS regulations.
Where Can I Get W4 Forms for Employment and Tax Purposes?
Find out where to obtain W-4 forms for tax and employment purposes, whether online, through your employer, or from government offices.
Do Stimulus Checks Expire? What to Do If Yours Has Expired
Learn what to do if your stimulus check has expired, how to request a replacement, and the potential impact on your tax filings.
What Questions Do You Still Have About Earned Income?
Understand how different types of earned income impact taxes, documentation, and financial planning to make informed decisions about your earnings.
How to Use an FSA for Daycare Expenses
Learn how to use a Flexible Spending Account (FSA) for daycare costs, including eligibility, contribution limits, reimbursement processes, and key deadlines.
What Is Schedule M in Tax Returns and How Is It Used?
Learn how Schedule M helps reconcile income and deductions on tax returns, who needs to use it, and how to accurately complete and submit it.