Can I start a business as an S Corp?
You can start an S corporation (S corp) by forming a limited liability company (LLC) or a corporation and electing S corp status from the IRS when you app...
Category: General
What do Opportunity Zones do?
More In Credits & Deductions. Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States...
Can I make a payment to the IRS over the phone?
Taxpayers can also pay their taxes by debit or credit card online, by phone or with a mobile device. The IRS does not charge a fee, but convenience fees a...
What to do if your employer gives you a 1099 instead of a W-2?
If you do not agree with this classification you can speak with your employer to request to be treated as an employee and given a W-2. If your employer re...
Can I roll a 403b into an inherited IRA?
Designated 403(b) Roth accounts can be rolled to a Roth IRA, a Roth 403(b), a Roth 401(K) or a governmental Roth 457(b) account. A 403(b) account cannot b...
Do you have to pay tax on digital downloads?
California – Digital products are tax exempt in California. The “sale of electronic data products such as software, data, digital books (eBooks), mobile a...
Where do I find my TurboTax installation code?
TurboTax Installation Key Code refers to a 13-digit key that is created by your computer. This is then entered during the installation process TurboTax so...
When married is it better to file jointly?
The IRS strongly encourages most couples to file joint tax returns by extending several tax breaks to those who file together. In the vast majority of cas...
Can my new wife get my pension?
A pension earned during marriage is generally considered to be a joint asset of both spouses. Most retirement plans will pay pension benefits directly to ...
What is student loan interest paid?
Student loan interest is interest you paid during the year on a qualified student loan. It includes both required and voluntarily pre-paid interest paymen...
