Why Is Form 8936 Not Ready Yet for Filing?
Explore the reasons behind the delay of Form 8936, including legislative changes and IRS updates, and learn how to stay prepared for filing.
Investment and Financial Markets
Can I Use My HSA for My Child Who Is Not on My Insurance?
Explore how to use your HSA for a child not on your insurance, covering eligibility, documentation, and tax implications.
What Is Accounting Method on Schedule C?
Discover the differences between cash and accrual accounting methods and learn how to report them on Schedule C for your business.
How to Get a Hawaii Business Tax ID Number for Your Company
Learn the process of obtaining a Hawaii Business Tax ID, including application steps, common errors, and the importance of compliance.
The Fee to License a Car: Is This Type of Tax Deductible?
Explore the nuances of car licensing fees and their potential tax deductibility, considering local regulations and reporting requirements.
How Do I Know How Much I Contribute to My HSA?
Understand how to track your HSA contributions through pay stubs, statements, and tax forms for accurate financial planning.
Will I Get My Tax Refund Before the Estimated Date?
Explore how filing methods and various factors can influence the timing of your tax refund, and learn how to track its status effectively.
Is ITIN the Same as SSN? Key Differences and Tax Implications
Explore the distinctions between ITIN and SSN, their eligibility criteria, and their impact on taxes and financial access.
Is an Independent Contractor Self-Employed for Tax Purposes?
Understand the tax implications and responsibilities of being an independent contractor, including classification, self-employment taxes, and documentation.
Where to Report Sale of Goodwill on Form 1120S
Learn how to accurately report the sale of goodwill on Form 1120S, including tax implications and shareholder basis adjustments.
Tractor Depreciation Life: How to Determine Service Duration and Value
Understand how to assess tractor lifespan and value, exploring various depreciation methods and factors affecting service duration.
Why Did I Receive a 1099-K If I’m Not a Business?
Understand why you might receive a 1099-K without being a business and learn how to manage personal transactions and non-business income.
Tax Breaks for New Homeowners: What You Need to Know
Discover essential tax benefits for new homeowners, including deductions and credits that can maximize your savings.
Nonresident Alien vs Resident Alien: Key Tax Differences Explained
Understand the tax implications and obligations for nonresident and resident aliens, including income, filing, and potential penalties.
Is a $10,000 Gift to a Family Member Tax Deductible?
Explore the tax implications of gifting $10,000 to a family member, including IRS rules and common misconceptions.
Can You Claim a Car Accident Tax Deduction on Your Return?
Explore how to navigate car accident tax deductions, including eligibility, calculations, and necessary documentation for your tax return.
How Many Times Can You E-File After Being Rejected?
Learn how often you can resubmit an e-filed tax return after rejection and explore when switching to paper filing might be necessary.
Can You Write Off Lyft Rides on Your Taxes?
Discover how to navigate tax deductions for Lyft rides, including tips on documenting expenses and differentiating business from personal travel.
How to File a Virginia Amended Tax Return
Learn the process of filing a Virginia amended tax return, including necessary documents, form completion, and submission guidelines.
Why Is My Colorado Tax Return Still Pending? Common Reasons Explained
Understand the common reasons for delays in your Colorado tax return processing and how to address them effectively.