TurboTax Premium is a powerful tool for those who want to make the most of their tax returns. With features designed for ...

Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...

Bank account bonuses are a nice perk, but do you have to pay taxes on them? We examined a recent Reddit thread about how ...

The price of bitcoin is soaring. There’s a key deadline for crypto investors to avoid a higher future tax bill.

With Avalara's proven compliance automation solutions, combined with Ledgible's expertise in digital asset tax reporting, ...

You put that $50,000 gross distribution from the 1099-R on line 4a, but report taxable portion as just $40,000 on Line 4b, and included a notation “QCD.” To make donating more spontaneously or ...

OVERLAND PARK, KS / ACCESSWIRE / November 8, 2024 / Tortoise Capital today announced the estimated capital gain distributions for its open end mutual funds to be paid in the calendar year 2024.

There are a few exceptions. If you manage to cancel your credit card debt through a gift or an inheritance, you won’t have to ...

Each year, employees receive a Form W-2 that provides details of the prior year’s earnings, taxes withheld, and other miscellaneous data (such as the taxable cost of group term life insurance, the ...

IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.