news
Can I do my own taxes if self employed?
You have to file an income tax return if your net earnings from self-employment were $400 or more. If your net earnings from self-employment were less tha...
Jul 24, 2026 • 1 READS
general
What is the difference between a nursing home and a memory care facility?
The basic difference between nursing homes and memory care is that memory care is exclusively for people with dementia while nursing homes are for people ...
Jul 24, 2026 • 1 READS
news
What to do if your W-2 and 1099-R are not available?
If your Form W-2, Wage and Tax Statement and/or Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance C...
Jul 24, 2026 • 1 READS
news
Can your boyfriend claim your child as a dependent?
You can claim a boyfriend or girlfriend and their children as dependents if they are your qualifying relatives. they are not a qualifying child of another...
Jul 24, 2026 • 1 READS
updates
Can I deduct unreimbursed partnership expenses?
You can deduct unreimbursed partnership expenses (UPE) if you were required to pay partnership expenses personally under the partnership agreement. You ca...
Jul 24, 2026 • 1 READS
general
Are limited partnerships good investments?
To qualify as a Master Limited Partnership, at least 90% of the firm’s income must be from real estate, natural resources, or commodities. They can be a f...
Jul 24, 2026 • 1 READS
general
What does resident mean on tax form?
California Residency for Tax Purposes The state of California defines a resident for tax purposes to be any individual who is in California for other than...
Jul 24, 2026 • 1 READS
general
Where do I enter third party sick pay on W-2?
Third-party sick pay reported in box 12 with Code J is not taxable. (Additionally, a return containing a W-2 with $0 in box 1 will reject if e-filed.) Thi...
Jul 24, 2026 • 1 READS
general
Do sole proprietors do Schedule C?
Use Schedule C (Form 1040) to report income or loss from a business you operated or a profession you practiced as a sole proprietor. Your primary purpose ...
Jul 24, 2026 • 1 READS
news
Can the IRS collect tax debt after 10 years?
As the 10-year period comes to an end, you will likely receive more communication from the IRS, but you will not be threatened or pressured. If anyone is ...
Jul 24, 2026 • 1 READS
