Dividends That Meet the 60/90-Day Holding Period Requirements
Understand the nuances of dividend holding period requirements to ensure tax efficiency and compliance with qualified dividend eligibility.
Investment and Financial Markets
How to Claim Dependents on Taxes and Maximize Your Tax Benefits
Learn how to effectively claim dependents on your taxes to optimize your tax benefits and ensure compliance with IRS guidelines.
Which of the Following Is Used to Determine Non-Taxable Annuity Amounts?
Learn how to calculate non-taxable annuity amounts using key financial factors and formulas for accurate retirement planning.
What Happens if You Send a 1099 to a Corporation by Mistake?
Learn the implications and necessary steps if a 1099 is mistakenly sent to a corporation, affecting both parties involved.
What Is My Sales Tax Information and How Do I Find It?
Learn how to navigate sales tax information, from registration to exemptions, ensuring compliance and understanding applicable rates and transactions.
How to Claim Snap-On Tools on Taxes: A Step-by-Step Guide
Learn how to effectively claim Snap-On tools on your taxes with this comprehensive step-by-step guide. Maximize your deductions today.
Will My Tax Return Go to Student Loans? How to Find Out
Discover how to determine if your tax refund will be used for student loan repayment and explore options to manage or prevent offsets.
You Have Elected to Pay the IRS Through VPS at a Later Time. What’s Next?
Learn how to navigate IRS payments via VPS, manage fees, schedule payments, and address any issues or discrepancies effectively.
What Is Capital Gain Distribution and How Does It Work?
Understand capital gain distributions, their impact on investments, and how they affect taxes and fund share prices.
Where to Report the Sale of Goodwill on Form 4797
Learn how to accurately report the sale of goodwill on Form 4797, including classification, basis determination, and necessary documentation.
Can You File a 1098-T for a Foreign University?
Explore the eligibility and process of filing a 1098-T for foreign universities, including IRS criteria and alternatives if not provided.
How to Deduct Costs for Non-Incidental Materials and Supplies as COGS
Learn how to accurately deduct non-incidental materials and supplies as COGS, ensuring compliance and optimizing your financial strategy.
Why Was My Alabama State Return Rejected With Code AL40-050?
Discover common reasons for Alabama state tax return rejections and learn how to resolve issues like invalid info and data entry errors.
Are Agent Fees Tax Deductible for Business or Personal Income?
Explore the tax implications of agent fees, distinguishing between business and personal expenses, and learn how to report and document deductions.
Can You Split Your Tax Refund Into Two Accounts? Here’s How
Learn how to efficiently split your tax refund into two accounts with this step-by-step guide, ensuring a smooth and accurate allocation process.
What Is Form IT 1040 and Do You Need to File It?
Understand the essentials of Form IT 1040, including who needs to file, income criteria, and available deductions to ensure compliance.
Why Does the IRS Send CP24 Notices?
Understand why the IRS issues CP24 notices, how they affect your refund and account balance, and what key information to look for.
Can I Contribute to a Roth IRA for the Previous Year?
Learn how to make previous-year contributions to a Roth IRA, including income limits, deadlines, and handling excess contributions effectively.
Do Depop Sales Require a 1099 Form for Tax Reporting?
Understand when Depop sales necessitate a 1099 form and explore the nuances of tax reporting for personal and business transactions.
Are Earthquake Retrofit Expenses Tax Deductible?
Explore the tax implications of earthquake retrofitting, including federal rules and potential local incentives, to optimize your financial planning.