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You Filed Your Amended Tax Return. So Where’s Your Amended Refund?
I've never thought of doing my taxes a second time - kinda like how I never thought I'd go in for a second root canal.…
Section 1231 Property, How It Works, And Reporting Them On Your Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/1231.mp4"][/video] What is a Section 1231 Property? Section 1231 of the tax code provides guidance on the treatment of gains and losses…
How a 1099 Tax Calculator Adds Up to Big Savings for Contractors and Self-Employed Individuals
What is a 1099 Tax Calculator? If you're a freelancer, independent contractor, or vendor who isn't on an employer's payroll, you may receive a 1099…
Adoption Tax Credit and the Benefits of Qualified Adoption Expenses
Overview of Adoption Tax Benefits This credit seems pretty direct, but a lot of paperwork. Then again, if you're adopting a kid, the paperwork's not…
What Do I Do With an IRS Adjusted Refund Letter?
I must have been doing something right for years -- I've never heard of this Adjusted Refund letter. An Adjustment Notice is a letter sent…
I Got a 5071C Letter, Now What?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2023/05/Understanding_Your_5071C_Letter1.mp4"][/video] When the IRS sends you a 5071C letter, that’s a request for you to verify your identity. You’re probably getting one…
How Your Employer Match Contributions Affects 401k Limits
No, your boss's 401k match doesn't count toward your limit. So stop buying pumpkin spice lattes every day and invest in your future. Does employer…
The Tax Basics of 401k Distributions and Contributions
What Are the Maximum Contribution Limits for a 401k? Here's a round-up of the 401K tax deductions! A 401k retirement plan is an employer-sponsored investment…
