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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…
You Can Now Claim Self Employed Tax Credits for Sick Time & Family Leave
A new tax credit to claim is something you'll never get sick of. What is the Self Employed Tax Credit? Due to the COVID-19 pandemic,…
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…
How IRS Exchange Rates Work When Converting Foreign Currencies to US Tax Dollars
Taxpayers who earn income in a foreign country or financial assets in foreign currencies must report their earnings and assets in US dollars on their…
