news
What is TurboTax Premier for?
TurboTax Premier searches for more than 400 tax deductions, to make sure you get every credit and deduction. you qualify for. Automatically import thousan...
Aug 04, 2026 • 1 READS
general
What is the penalty for taking money out of an IRA before age 59?
Making withdrawals before you reach age 59 1/2 means you will incur a 10% early distribution penalty on top of any income taxes that are due, though there...
Aug 04, 2026 • 1 READS
news
How can I tell if someone else has claimed my child?
In most cases, you’ll never know that someone else claimed your child, unless you get a notice that your return is rejected because someone has already cl...
Aug 04, 2026 • 0 READS
news
How do I know if I owe the government money?
You can access your federal tax account through a secure login at Once in your account, you can view the amount you owe along with details of your balance...
Aug 04, 2026 • 1 READS
updates
Are there any other forms like Schedule K-1?
There are actually two more forms that the IRS calls ‘Schedule K-1’: Although these forms are similar, in this guide we’ll focus exclusively on Schedule K...
Aug 04, 2026 • 1 READS
updates
Is Workers compensation a federal requirement?
Usually state laws determine who is covered by workers’ compensation, how much the covered person receives and the procedures that must be followed. There...
Aug 04, 2026 • 1 READS
general
What is Social Security for seniors?
Supplemental Security Income (SSI) is provided to financially needy seniors that have extremely limited income and assets. The program evaluates one’s inc...
Aug 04, 2026 • 1 READS
news
Can I claim TDS deducted on sale of property?
Yes, TDS on property is refundable. At the time of sale of property, buyer is required to deduct TDS on property and deposit the same with the government....
Aug 04, 2026 • 1 READS
general
What is included in estate income?
Examples of assets that would generate income to the decedent’s estate include savings accounts, CDs, stocks, bonds, mutual funds and rental property. IRS...
Aug 04, 2026 • 1 READS
news
What is a 1099 for contractors?
A 1099 form is a series of documents used by businesses to report payments made to an independent contractor during the past year. The tax form 1099-MISC ...
Aug 04, 2026 • 1 READS
