news
Do both spouses claim rental income?
As you and your spouse are co-owners of the property, you both must report your share of the rental income or loss for the calendar year in proportion to ...
Jul 25, 2026 • 1 READS
news
Why is my federal refund half of last year?
Your paychecks were more, but that means a smaller refund now. There are are lot of variables that affect your refund or tax due including how much you ea...
Jul 25, 2026 • 1 READS
news
What are the boxes on the 1099 MISC form?
Royalties (Box 2) Gross royalties (before reduction for fees, commissions or expenses paid by a publisher to an author or literary agent. Other income (Bo...
Jul 25, 2026 • 1 READS
news
Is it hard to pass the enrolled agent exam?
Enrolled Agent Exam Pass Rate: How Hard Is the Enrolled Agent Exam? As the average Enrolled Agent exam pass rate is 71%, many people find the EA exam to b...
Jul 25, 2026 • 1 READS
updates
What is the IRS slogan?
The IRS mission is to “provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the ...
Jul 25, 2026 • 1 READS
updates
Can my employer reject my annual leave?
Contrary to what is often believed, employers can refuse a request for annual leave. For example, many of your employees in the same team or department ma...
Jul 25, 2026 • 1 READS
general
Do you report bond premium on tax-exempt bond?
If the bond yields tax-exempt interest, you must amortize the premium. This amortized amount is not deductible in determining taxable income. If the bond ...
Jul 25, 2026 • 1 READS
updates
How do you record mileage reimbursement?
How to Log Mileage for Taxes in 8 Easy Steps Make Sure You Qualify for Mileage Deduction. Determine Your Method of Calculation. Record Your Odometer at St...
Jul 25, 2026 • 1 READS
news
How do you propose to buy a business?
Use tried-and-true techniques for evaluating and proposing a business purchase offer to ensure you get the best deal possible. Discuss Information with th...
Jul 25, 2026 • 1 READS
news
How do I file an amended Louisiana tax return?
To file a paper amended return: Use Form IT-540, Resident Return, or Form IT-540B, Nonresident and Part-year Resident Return, whichever is applicable. Use...
Jul 24, 2026 • 1 READS
