general
How do I pay back taxes without penalty?
Here are some of the most common options for people who owe and can’t pay. Set up an installment agreement with the IRS. Request a short-term extension to...
Aug 02, 2026 • 1 READS
news
Do you have to pay taxes for a seasonal job?
However, seasonal hires are subject to federal and state income taxes, just like any other worker. Unless the employee is an independent contractor, you m...
Aug 01, 2026 • 1 READS
general
What is passthrough deduction?
The pass-through deduction is a personal deduction you may take on your Form 1040 whether or not you itemize. It is not an “above the line” deduction on t...
Aug 01, 2026 • 1 READS
general
Can you file a DBA in California?
Filing a California fictitious business name, also known as a California DBA (doing business as), is an easy process that is achieved by filing with the c...
Aug 01, 2026 • 1 READS
updates
What happens when buyer financing falls through?
The buyer must be able to obtain a mortgage for the property, usually within a specific period of time of signing the contract. Sometimes a condition can ...
Aug 01, 2026 • 1 READS
updates
How do I change the percentage of ownership in an LLC in Texas?
File a certificate of amendment with the Texas Secretary of State’s office to reflect changes in LLC membership. Download the certificate from the SOS web...
Aug 01, 2026 • 1 READS
news
What forms need to be attached to a 1040X?
Attach to the front of the Form 1040X: – A copy of any Forms W-2, W-2c (a corrected Form W-2), and 2439 that support changes made on the return – A copy o...
Aug 01, 2026 • 1 READS
updates
Does the IRS check every single tax return?
The IRS does check each and every tax return that is filed. If there are any discrepancies, you will be notified through the mail. Do you have to file tax...
Aug 01, 2026 • 1 READS
updates
What does the reseller do?
A reseller is a person who purchases products from manufacturers, liquidators, or other retailers and then sells them to their own customers. Items to sel...
Aug 01, 2026 • 1 READS
updates
How is Illinois replacement calculated?
What are the rates? Corporations pay a 2.5 percent replacement tax on their net Illinois income. Partnerships, trusts, and S corporations pay a 1.5 percen...
Aug 01, 2026 • 1 READS
