news
How much loss can I claim on rental property?
Generally, the “passive losses” from a rental property can only offset “passive income”, and can’t offset other income. In some cases there is a special r...
Jul 26, 2026 • 1 READS
news
What percentage of 40 year old men are married?
The probability that men will marry by age 40 is 81%; for women, it is 86%. What is it when you have been married for 40 years? The ruby anniversary is a ...
Jul 26, 2026 • 1 READS
updates
When is the deadline to contribute to an IRA?
One thing that adds to taxpayer confusion is that the deadline for contributions is tax day of the following year. Be extra careful if you’re rushing to m...
Jul 26, 2026 • 1 READS
general
How do you verify the routing and bank account numbers on your electronically filed return are correct?
Look on your copy of your tax return. If you filed it electronically, contact your tax preparer to get a copy of it. If you saved a copy of it on your com...
Jul 26, 2026 • 1 READS
general
How do I transfer TurboTax from one computer to another?
Launch TurboTax on the old computer. Open your tax return, click “File” and choose “Save As” from the menu. Select the destination folder and type a name ...
Jul 26, 2026 • 1 READS
updates
How much do freelance tax preparers make?
Self Employed Tax Preparer Salary Annual Salary Hourly Wage Top Earners $112,500 $54 75th Percentile $73,000 $35 Average $65,240 $31 25th Percentile $31,0...
Jul 26, 2026 • 1 READS
news
Is excise tax levied?
However, the Goods and Services Tax (GST), introduction in July 2017, subsumed many types of excise duty. Today, excise duty applies only on petroleum and...
Jul 26, 2026 • 1 READS
updates
What happens if you forget to mail your taxes?
The IRS has two penalties that might apply to your tax return. If you filed late, you’ll pay a failure-to-file penalty. If you file 60 days or more after ...
Jul 26, 2026 • 1 READS
general
What happens if I enter the wrong routing number on my tax return?
There are faster ways to solve the problem. If you e-file an electronic tax return and the bank account number you enter has the wrong number of digits in...
Jul 26, 2026 • 1 READS
news
Can I eFile California state taxes?
File online File your California tax return electronically (e-file) Filing online (e-file) is a secure, accurate, fast, and easy option to file your tax r...
Jul 26, 2026 • 1 READS
