What Is a State-Issued PIN and How Is It Used for Taxes?
Learn how a state-issued PIN enhances tax security, when it’s needed, and how to manage it effectively for seamless state tax filings.
Investment and Financial Markets
Can You Rollover a Deferred Compensation Plan to an IRA?
Explore the possibilities and limitations of rolling over deferred compensation plans to an IRA, including tax implications and compliance requirements.
1099 Reporting for Easements: What You Need to Know
Navigate the complexities of 1099 reporting for easements with insights on form selection, income types, and accurate record-keeping.
Donating Inherited Property: What You Need to Know
Explore the essentials of donating inherited property, including ownership, valuation, documentation, tax considerations, and transfer procedures.
How Long Can an LLC Operate at a Loss Before Facing IRS Scrutiny?
Explore how long an LLC can sustain losses before attracting IRS attention, focusing on tax considerations and business classification.
What to Do If You Didn’t Get a 1099-R for a Life Insurance Surrender
Learn steps to take if you didn’t receive a 1099-R for a life insurance surrender, including tax implications and how to request missing forms.
Does Georgia Allow Section 179 Depreciation on Tax Returns?
Explore how Georgia’s tax regulations handle Section 179 depreciation and its differences from federal rules for accurate tax filing.
Can I Pay Federal Taxes Online Directly Through the IRS?
Learn how to efficiently pay your federal taxes online through the IRS, explore payment options, and manage your financial records securely.
Can You Transfer State Retirement to Another State?
Explore the nuances of transferring state retirement plans across states, including eligibility, tax implications, and coordination steps.
How to Use a 1031 Exchange Basis Worksheet for Tax Reporting
Learn to navigate tax reporting with a 1031 exchange basis worksheet, ensuring accurate calculation and reporting of adjusted basis and gains.
Can You Take a Hardship Withdrawal From Your 401(k) to Pay Taxes?
Explore the nuances of using a 401(k) hardship withdrawal to manage tax liabilities, including eligibility and potential tax implications.
Do I Need to File Form 2553 if My Business Is Already an S-Corp?
Understand the necessity of filing Form 2553 for your S-Corp, including eligibility, steps, and potential pitfalls.
How to Properly Submit the 1022 Tax Form for Your Filing Needs
Navigate the 1022 tax form process with ease. Learn eligibility, required info, steps, timelines, and how to avoid and correct common errors.
Why Is the Final K-1 Box Checked and What Does It Mean?
Understand the implications of a final K-1 box check, including ownership changes, liability allocations, and accurate reporting.
Why Did I Receive a Check From Empower Retirement?
Discover the reasons behind receiving a check from Empower Retirement, including distribution types and tax considerations.
How to Pay State Taxes in NC: Online, By Mail, or In Person
Learn the process of paying state taxes in NC, including methods, deadlines, and how to avoid fees while ensuring your payment is verified.
What Should I Do About Blockfi Tax Documents for Crypto Earnings?
Navigate the complexities of crypto tax reporting with Blockfi, ensuring accurate documentation and compliance for your digital asset earnings.
Are Capital Gains Included in MAGI? What You Need to Know
Understand how capital gains impact your Modified Adjusted Gross Income and their potential effects on tax deductions and credits.
Are Books Tax Deductible for Your Business Expenses?
Explore the nuances of deducting book expenses for your business, covering eligibility, documentation, and tax implications.
What Tax Bracket Will I Be in When I Retire?
Discover how retirement income sources, filing status, and state rules influence your tax bracket in retirement. Plan effectively for your future.