Topics
Blog
How Do I Pay Estimated Tax Payments to the IRS?
Paying the IRS isn’t fun, but unfortunately it is something we all have to do, and especially around tax season. The good news is…
When Corporations File Taxes: Tax Form 1120 and Form 1120-S for Corporation Income Tax Returns
Yes, corporations do file income tax returns. No, pigs still don't fly. When you, as a corporation, file taxes, you must use Form 1120…
How to Read Tax Transcripts: Find Your Refund Date on Your Tax Transcript
There's a lot of data in your tax transcript codes. Understanding them is like reading The Matrix. You may have received a tax transcript…
What Form 1099-R Means For Your Retirement: Pensions, IRAs, Retirement or Profit-Sharing Plans
The R stands for Retirement. The 1099 stands for "Pay your fair share, even if you're retired.' Form 1099-R is an important document that…
Opinion: The Future of Artificial Intelligence Tax Preparation Is (Not Quite) Here
What happens when computer code meets the U.S. tax code? One of the fastest ways to turn the drudgery of tax filing into a mess…
Potential Self-Employed Taxpayer Penalties in 2024
If Americans pay their estimated taxes late, they could be in line for a shocking bill from the IRS this spring. Last October, the IRS…
Reporting your Child’s Capital Gains and Dividends on Your Taxes: Form 8814
Little Timmy's investments actually paid off? Congrats! Here's how to put your kiddo's income on your joint tax return. Are you the custodial parent of…
Tax Refunds Disappointing Many in Early 2024
Due to the increasing volume of returns being processed, the IRS has cautioned taxpayers that the average refund amount will likely change in the coming…
