Is a Divorce Buyout of a House a Taxable Event?
Explore the tax implications of a house buyout in divorce, including capital gains and transfer exceptions.
Taxation and Regulatory Compliance
Can My LLC Pay My Rent for Business Use?
Explore how your LLC can legitimately cover rent expenses for business use, ensuring compliance with tax laws and proper financial management.
Why Am I Getting an Error for Box 15b on Form 1099-R?
Discover why errors occur in Box 15b on Form 1099-R and learn how to address them effectively to ensure accurate tax reporting.
Why Did I Receive Two Amazon W-2 Forms and What Should I Do?
Understand why you might receive multiple Amazon W-2 forms and learn how to address any discrepancies for accurate tax filing.
How to Avoid State Capital Gains Tax When Moving to a New State
Learn strategies to manage state capital gains tax effectively when relocating, focusing on residency rules, timing, and compliance essentials.
S Corp Loan From Shareholder vs Capital Contribution: Key Differences
Explore the nuances between S Corp loans from shareholders and capital contributions, focusing on tax implications and ownership impact.
Child Tax Credit for Disabled Child Over 17: Eligibility and Filing Tips
Explore eligibility and filing tips for claiming the Child Tax Credit for a disabled child over 17, including key criteria and financial considerations.
Are Survivor Benefits Taxable? What You Need to Know
Understand the tax implications of survivor benefits, including reporting requirements and how they affect your overall income.
What Is Form 1065 Schedule K-1 and How Does It Work?
Understand the essentials of Form 1065 Schedule K-1, its role in income distribution, and key filing requirements for partnerships.
What Is Form W-4S and How Does It Affect Disability Pay?
Learn how Form W-4S impacts your disability pay and discover key steps for accurate withholding and coordination with multiple payers.
How Do You Prove You Live in Your Primary Residence?
Learn how to verify your primary residence with essential documents and records for legal and financial purposes.
Where Do I Send My Tax Return When Filing Ohio State Taxes?
Learn where to send your Ohio state tax return and explore filing options, deadlines, and requirements for a smooth tax season.
What Is Line 12 on the 1040 Form and How Does It Work?
Understand how Line 12 on the 1040 Form impacts your tax deductions and learn how to accurately report and adjust your eligible amounts.
What Is the Marketplace Identifier on Form 1095-A?
Understand the role of the Marketplace Identifier on Form 1095-A in tax reporting and learn how to address any issues with incorrect or missing identifiers.
Can You Write Off a Credit Card Annual Fee for Business Use?
Explore the nuances of writing off credit card annual fees for business use, including criteria, recordkeeping, and expense allocation.
What Should You Do If You Receive a 916C Letter From the IRS?
Learn how to effectively respond to an IRS 916C letter, understand its implications, and discover the best resources for assistance.
What If My Spouse Doesn’t Have a Social Security Number?
Learn how to navigate tax filing when your spouse lacks a Social Security Number, including documentation and credit implications.
Can You File Your Tax Return Through FedEx?
Learn how to file your tax return via FedEx, including recognized services, mailing details, and tracking for secure submission.
How to Accurately Enter the Policy Issuer’s Name on a 1095-A Form
Learn how to correctly enter the policy issuer’s name on a 1095-A form to ensure accurate tax filing and avoid common errors.
Is a College Student Living Away From Home Considered a Dependent?
Explore the criteria for determining if a college student living away from home qualifies as a dependent for tax purposes.