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How to know if your tax return has been filed?

After transmitting your return, it is your responsibility to ensure that it is accepted by the IRS or state agency. If you do not receive an email confirm...

Jul 20, 2026 • 1 READS

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Can a LLC elect an S corporation on IRS Form 2553?

However, IRS Form 2553 allows LLCs and Corporations to elect “S” corporation status. The S corporation election is a tax designation granted through the I...

Jul 19, 2026 • 1 READS

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How do I pay how much I owe on 1040X?

If you owe money as a result of the correction, you should include a check or money order with your 1040X submission. You can pay the balance you owe onli...

Jul 19, 2026 • 1 READS

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What happens to your tax refund if you have a student loan?

In a regular tax season, if you have federal student loans in default, your tax refund can be used to help make up for what you owe on your loan. This doe...

Jul 19, 2026 • 1 READS

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How do you calculate fixtures and fittings depreciation?

Your accountant can provide you with some guidance, but a useful rule of thumb is: Plant and machinery — expense around 15% – 20% of the overall value a y...

Jul 19, 2026 • 1 READS

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Do you send 1099s to government agencies?

Business owners are not required to send Form 1099 to government agencies, tax-exempt organizations or corporations (unless the corporation provides legal...

Jul 19, 2026 • 1 READS

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How does an employee work two different jobs?

An employee works two different types of jobs within the same company. The employer wants to track how much time the employee spends on each job, so the e...

Jul 19, 2026 • 1 READS

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What does a business marketing consultant do?

A marketing consultant is an outside advisor who works with companies to create and implement marketing strategies. A consultant helps create a detailed m...

Jul 19, 2026 • 1 READS

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How do I request another tax return?

Taxpayers can call 800-908-9946 to request a transcript by phone. Transcripts requested by phone will be mailed to the taxpayer. By mail. Taxpayers can co...

Jul 19, 2026 • 1 READS

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Does Goodwill wash donated clothes?

Prepare Items for Drop Off Donation Goodwill does not prepare items before they sell them. They don’t wash clothes, wipe off dirt or dust from items, or p...

Jul 19, 2026 • 1 READS