general
When do you need a 1099 for debt forgiveness?
Form 1099-C is a tax form required by the IRS in certain situations where your debts have been forgiven or canceled. The IRS requires a 1099-C form for ce...
Jul 22, 2026 • 1 READS
updates
Do you have to file Form 709 for a gift?
You must file Form 709 for any tax year in which you make a taxable gift unless you’re covered by one of the exclusions mentioned previously. If you file ...
Jul 22, 2026 • 1 READS
news
What does it mean when your taxes Say approved?
When you receive confirmation that the IRS accepted your return, it means that they have reviewed your return, and it has passed their initial inspection....
Jul 22, 2026 • 1 READS
news
Can property be sold in cash?
Receiving cash for sale of immovable property is illegal. It does not matter if you register it with correct amount or you deposit it in bank account. Rec...
Jul 22, 2026 • 1 READS
news
Where do I report 1099-DIV Box 5?
Enter your total capital gains (Box 2a) from all your taxable investments on line 6 of Form 1040 and check the box on that line. Box 5 shows the portion o...
Jul 22, 2026 • 1 READS
updates
Can you not claim yourself on taxes anymore?
No. You cannot claim yourself as a dependent on taxes. Dependency exemptions are applicable to your qualifying dependent children and qualifying dependent...
Jul 22, 2026 • 1 READS
general
How can I bring my spouse to the US from Canada?
If a Canadian citizen wishes to marry a U.S. citizen inside the United States, then applying for a K-1 visa at a U.S. consulate is the appropriate first s...
Jul 22, 2026 • 1 READS
updates
When do you have to pay back state taxes?
Hopefully, you have the money available to pay the balance due immediately when you file, but if not, there are always installment payment options that al...
Jul 22, 2026 • 0 READS
news
How much capital loss can you claim?
If you have an overall net capital loss for the year, you can deduct up to $3,000 of that loss against other kinds of income, including your salary and in...
Jul 22, 2026 • 1 READS
news
How much do Wag dog walkers make?
Wag cofounder and CEO Joshua Viner told BuzzFeed News that “on average, a walker makes around $17.50 per walk.” Private, professional walkers, however, ca...
Jul 22, 2026 • 1 READS
