Situation questions are questions in the sales process that ask for background or facts. They are key to understanding a context for uncovering buyer prob...

What you can pay for with a 529 plan Type of expense Is it a qualified education expense? Tuition and fees Yes, up to the full amount of college tuition a...

TurboTax has two products to serve business owners—TurboTax Home & Business is designed for sole proprietors and 1099 contractors, while TurboTax Busi...

When the IRS officially places your return under review, you will receive a CP05 notice, and the processing of your refund will be delayed until the revie...

In an effort to combat fraud and identity theft, new IRS procedures effective January 2015 will limit the number of refunds electronically deposited into ...

Most common are: Veteran’s Benefits. Tricare for Life – For military retirees. Civilian Health and Medical Program of VA (ChampVA) – For dependents of a l...

Do nonprofits need accountants? Like any organization that handles cash flow and pays taxes, nonprofits should invest in professional accounting. Many non...

Owing any amount of money to the IRS – large or small – is a scary prospect. And ignoring the debt won’t make it go away any faster. If you’ve completed y...

When the IRS suspects a return is fraudulent, the agency will request identity verification from the person whose name and address is listed on the return...

Can you do a 1031 exchange after closing? The use of rescission has long been recognized in law generally in connection with transactions not related to 1...