general
Are Roth IRA contributions deductible in 2019?
Even though contributions to Roth IRAs are not tax deductible, for tax year 2019 the maximum amount a taxpayer can contribute is reduced if their MAGI is:...
Aug 05, 2026 • 1 READS
general
Can you file W-2 from different states?
Yes, this can be done in TurboTax. You will need to file one federal return and two state returns. TurboTax will walk you through completing your federal ...
Aug 05, 2026 • 1 READS
updates
Do settlement agreements cover discrimination?
A Settlement Agreement is a legally binding contract made between an employee and employee. In return for receiving these payments, you must agree not to ...
Aug 05, 2026 • 0 READS
general
Is an AB trust a bypass trust?
An A-B trust minimizes estate taxes by splitting the estate into a survivor portion and a bypass portion. The surviving spouse has limited control over th...
Aug 05, 2026 • 1 READS
general
Can you invest if you are unemployed?
When you become unemployed, managing your cash flow is critical. If you do, you should invest the money in a liquid investment, such as a money market, th...
Aug 05, 2026 • 1 READS
news
Can you have a non profit in two different states?
An organization must have a clear understanding of what it is planning so it can properly meet the requirements of the additional states. To be considered...
Aug 05, 2026 • 1 READS
updates
Does Minnesota require sales tax on services?
Services in Minnesota are generally not taxable. What is subject to sales tax in Minnesota? Goods that are subject to sales tax in Minnesota include physi...
Aug 05, 2026 • 1 READS
updates
What can I write to my son for graduation?
My heartfelt blessing to you my son. Graduation is undoubtedly a great achievement, but it does not have to be leftover many more achievements in the futu...
Aug 05, 2026 • 0 READS
news
Can I undo my tax return?
No. You can’t cancel the return after it has been e-filed. If you need to change any information in the return, you can only make changes to your return i...
Aug 05, 2026 • 1 READS
news
Where does 1099-R income go on 1040?
You’ll most likely report amounts from Form 1099-R as ordinary income on line 4b and 5b of the Form 1040. The 1099-R form is an informational return, whic...
Aug 05, 2026 • 1 READS
