Is an Inheritance Taxable?
A frequent question asked is, "Whether inheritances are taxable"? This is a frequently misunderstood question ...
Learning Center
I Didn’t File My Tax Return. Now What?
There are a lot of perfectly reasonable reasons for not having filed your income taxes. Many people who fail ...
Household Help: Employee or Contractor?
Taxpayers often hire an individual or firm to provide services at the taxpayer’s home. Because the IRS ...
Hobby or Business? Set Yourself Up for Tax Success
According to a recent study conducted by U.S. Bank, over 80% of all newly formed businesses that ultimately ...
Good and Bad News About The Home Office Tax Deduction
The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes. To ...
Electric Vehicle Tax Incentives
The Inflation Reduction Act (IRA) contains funding for energy programs, including a $7,500 tax credit for ...
Eldercare Can Be a Medical Tax Deduction
Because people are living longer now than ever before, many individuals are serving as care providers for ...
Checking the Status of Your Federal Tax Refund Is Easy
If your federal return has been filed and you are due a refund, you can check the status of your refund ...
Carried Interests Undergo Significant Tax Treatments
Carried interests, partnership interests held in connection with the performance of services, will undergo ...
7 Online Gambling Tax Issues (Plus Six Gotchas)
Gambling takes many forms, including casino games, horse racing, sports book betting, lotto tickets, ...