general
What do Opportunity Zones do?
More In Credits & Deductions. Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States...
Aug 03, 2026 • 1 READS
general
Are lawsuit settlements reported on 1099?
If you receive a court settlement in a lawsuit, then the IRS requires that the payor send the receiving party an IRS Form 1099-MISC for taxable legal sett...
Aug 03, 2026 • 1 READS
general
Can I sign my paper tax return electronically?
Taxpayers, who currently use Forms 8878 or 8879 to sign electronic Forms 1040 federal tax returns or filing extensions, can use an e-signature to sign and...
Aug 03, 2026 • 1 READS
news
What do you need to know about 1099-R?
Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. is the tax form reporting the inc...
Aug 03, 2026 • 1 READS
news
Can you draw from 401k while still working?
As long as you’ve had the account for five years, Roth 401(k) withdrawals are tax-free. If you’re still working after you turn 59 ½, you’ll need to follow...
Aug 03, 2026 • 1 READS
general
Are trustees and grantors the same?
A grantor is the entity that establishes a trust and legally transfers control of those assets to a trustee, who manages it for one or more beneficiaries....
Aug 03, 2026 • 0 READS
general
Can employers pay employees in other countries on the corporate home country payroll?
Can employers pay employees in other countries on the corporate home-country payroll? Just as an employer based in the United States must comply with U.S....
Aug 03, 2026 • 1 READS
updates
Is Schedule 1 the same as Schedule 3?
Initially, there were six new schedules, but the IRS has since consolidated these down to three: Schedule 1 for additional income and “above the line” ded...
Aug 03, 2026 • 1 READS
general
Will current green card holders be deported?
Can Green Card Holders Be Deported? U.S. permanent residency entitles you to live and work in the U.S. legally. Therefore, you are unlikely to face the lo...
Aug 03, 2026 • 1 READS
updates
What are some costs of solar energy?
What range of costs should you expect to see in quotes for a solar panel system? Solar panel costs for a 10 kilowatt (kW) installation in the U.S. range f...
Aug 03, 2026 • 1 READS
