general
When to file an amended state tax return?
But if you think you will need to file an amended state tax return due to the unemployment tax break, you might be better off waiting until you receive co...
Jul 22, 2026 • 1 READS
general
What expenses can you claim as a contractor?
If you’re in business, including self employed or working as a contractor, you may be able to claim expenses like your home office, your car, depreciation...
Jul 22, 2026 • 1 READS
updates
When to use Married Filing Jointly tax form?
You can use the married filing jointly filing status if both of the following statements are true: You were married on the last day of the tax year. In ot...
Jul 22, 2026 • 1 READS
general
How does Upwork work for taxes?
If you’re a freelancer whom the Internal Revenue Service (IRS) defines as a “U.S. Person” and earn money working with your client through Upwork, you need...
Jul 22, 2026 • 1 READS
news
Can two trusts own one bank account?
It does not make sense for two trusts to have a joint account any more than it would for two corporations to have a joint account. What the attorney is tr...
Jul 22, 2026 • 1 READS
general
Can a SMLLC pay rent to a sch e LLC?
One SMLLC files a schedule C and the other a schedule E. The Sch C LLC pays a fair arms-length rent to the Sch E LLC. Since both have EINs, separate bank ...
Jul 22, 2026 • 1 READS
news
Where on your W-2 does it show how much you made?
Box 1 Box 1 of the W-2 shows your taxable wages for federal income tax purposes. To arrive at your total salary using Box 1, add your federal taxable wage...
Jul 22, 2026 • 1 READS
news
Can an enrolled agent go to tax court?
United States Tax Court (USTC) Typically, only attorneys can represent a person in court; however, other Circular 230 professionals, including enrolled ag...
Jul 22, 2026 • 1 READS
news
Do you have to ask questions to get tax deductions?
Many business owners make spending decisions with the hopes that it will be deducted, and yet neglect to ask the question first! According to the IRS, any...
Jul 22, 2026 • 1 READS
general
What cars can you buy with 50 000 dollars?
The 10 Least Boring Luxury Cars Under $50,000 You Can Buy 2021 Lexus IS350 F Sport ($43,925) 2021 Tesla Model 3 ($45,490) 2021 Audi A5 Sportback Premium P...
Jul 22, 2026 • 0 READS
