general
How to respond to New York State Tax Department letter?
Select the ≡ Services menu, then choose Respond to department notice. Note: If you received a letter telling you your refund was adjusted or denied (Form ...
Jul 20, 2026 • 1 READS
updates
Who is the executor of an estate after a funeral?
Soon after the funeral, an executor of a deceased person’s estate should promptly turn their attention to carrying out the terms of the Will. There are es...
Jul 20, 2026 • 1 READS
news
What are the most common questions about TurboTax?
To help make the filing process as easy as possible, TurboTax has answered the most commonly asked tax questions for this tax season. Who Can I Claim as a...
Jul 20, 2026 • 1 READS
general
When to use down payment money from Ira?
If you make a withdrawal from your IRA to finance a down payment, make sure you use the money to acquire a home within 120 days after the withdrawal (for ...
Jul 20, 2026 • 1 READS
updates
Is there a way to file an amended tax return?
Answer. You can now submit the Form 1040-X, Amended U.S. Individual Income Tax Return electronically using available tax software products. Only tax year ...
Jul 20, 2026 • 1 READS
updates
What is Section 179 and when May this Section 179 be used?
Section 179 of the IRC allows businesses to take an immediate deduction for business expenses related to depreciable assets such as equipment, vehicles, a...
Jul 20, 2026 • 1 READS
news
Can a partnership file an amended return?
Mandated Partnerships that cannot meet the requirements of filing an electronic amended Form 1065 can request a waiver to file such amended return electro...
Jul 20, 2026 • 0 READS
updates
Do you pay tax for the first year of self employment?
For the first year you are self-employed, there could be a long delay before you pay any tax, but, when it arrives, the bill is likely to be large and cou...
Jul 20, 2026 • 1 READS
general
Do Commissions go on 1099?
Your commission will be reported on a 1099 form. Statutory non-employees and independent contractors are also responsible for the employer and employee po...
Jul 20, 2026 • 1 READS
general
Will student loans be taken out of 2020 taxes?
The March 2020 CARES Act put a pause on federal student loan payments and interest, and it’s since been extended under President Biden through Sept. 30, 2...
Jul 20, 2026 • 1 READS
