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How long does it take to get a non-filing letter?

Non-filers can expect to receive a paper IRS Verification of Non-filing Letter at the address provided in their telephone request within 5 to 10 days from...

Jul 11, 2026 • 1 READS

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Which W2 do I use for 2018?

You must file Form(s) W-2 if you have one or more employees to whom you made payments (including noncash payments) for the employees’ services in your tra...

Jul 11, 2026 • 1 READS

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Can I upgrade my version of TurboTax?

You can upgrade or switch to a higher version of TurboTax after you’ve started your 2020 return. To upgrade your version of TurboTax: Make sure you’re sig...

Jul 11, 2026 • 1 READS

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Do you have to open an estate when someone dies in NC?

Probate court proceedings are required only if the deceased person owned assets in his or her name alone. Other assets can usually be transferred to their...

Jul 11, 2026 • 1 READS

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What is the tax treatment of the vacant land?

A vacant land with no construction on it will not be considered as a land appurtenant. Only land attached to a building would be considered as Land appurt...

Jul 11, 2026 • 1 READS

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Are miles driven for medical tax deductible?

The IRS allows you to deduct mileage for medical care if the transportation costs are mainly for — and essential to — the medical care. Actual expenses yo...

Jul 11, 2026 • 1 READS

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Can I gift mutual fund shares?

You may want to give investments in the form of a mutual fund, instead of individual stocks. Some companies, like Vanguard, will allow you to transfer mut...

Jul 11, 2026 • 1 READS

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Are capital gains calculated separately from income?

Capital gains are generally included in taxable income, but in most cases, are taxed at a lower rate. A capital gain is realized when a capital asset is s...

Jul 11, 2026 • 1 READS

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Can PE funds go public?

Private equity firms are tapping the public markets in two different ways. The second approach is floating shares in a private equity fund itself, which t...

Jul 11, 2026 • 1 READS

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Will I get a bigger refund with the new standard deduction?

Although more taxpayers will claim the standard deduction as a result of the changes, and the standard deduction will help lower your taxes, you may find ...

Jul 11, 2026 • 1 READS