If your accountant uses Xero, you can share your financial data with them directly. And if you need more tools over time, you can add a wide variety of integrations and extra features to extend your accounting app as your work. Read more
Either the student or another taxpayer who claims the student as a dependent may take the credit on a personal tax return. You must complete the relevant sections of IRS Form 8863 and attach it to a personal income tax return. Read more
For 2021 Returns, taxpayers who claimed an inaccurate amount of the first and second stimulus payments would have seen their refund adjusted to the correct amount. If you've e-filed and opted to receive your refund via direct deposit, it generally ta... Read more
Just like with trading, crypto purchases can result in a gain or loss on your initial investment. If the crypto increased in value since you purchased it, the IRS could tax the transaction as a taxable gain. The IRS also has. Read more
You have two choices for calculating your home office deduction—the standard method or the simplified option—and you don’t have to use the same method every year. The standard method requires you to calculate your actual home office expenses an... Read more
Read the instructions carefully before you pay tax on any part of a 1099-Q distribution. Thinking you have to include every dime reported on the 1099s to the IRS. Lots of the dollars reported on 1099s are tax-free. Beginning in tax. Read more
I was so profoundly moved by the pilot, I can’t wait for your family to experience and be changed by it." Welcome to the first-ever multi-season series about the life of Christ. The free show tens of millions of people won’t. Read more
This is called your “business-use percentage” — that is, how much of your driving you do for work. A vehicle used for business may be owned by the corporation or by an employee . The method of claiming the deduction will. Read more
Get your UltimateTax 1040 + Corporate for FREE in the next tax season when you fund 75 or more tax products with the partner bank, TPG Santa Barbara. Reduce operating costs and re-invest your savings back into your business. For over. Read more
Check the Social Security Number that you are using when attempting to access your tax information. It is recommended that you use the primary filer’s SSN and name to access your tax return transcripts. Make sure to input all requested informat... Read more
