news

Is there a deadline to file your 2016 tax return?

Since the e-file deadline passed on October 16th, 2017, you cannot e-file your return. ALL taxpayers must paper-file their prior-year 2016 tax return. Reg...

Jun 23, 2026 • 0 READS

news

What happens if you gift more than 15k?

If you give more than $15,000 in cash or assets (for example, stocks, land, a new car) in a year to any one person, you need to file a gift tax return. It...

Jun 23, 2026 • 1 READS

news

Is Social Security less if you are married?

Marriage has no impact on your Social Security retirement benefit, which is based on your work record and earnings history. However, remarriage can affect...

Jun 23, 2026 • 1 READS

news

Does TurboTax business include K-1?

The TurboTax products that support K-1’s are: TurboTax Online Premier and Self Employed. TurboTax CD\Download Deluxe, Premier and Home & Business. Wha...

Jun 23, 2026 • 0 READS

news

Where do I report income from 1099-INT?

When you’re ready to file your tax return, make sure you have all your 1099-INT forms on hand. On Line 2a of Form 1040, you’ll report all tax-exempt inter...

Jun 23, 2026 • 1 READS

news

Can S Corp be shareholder of C Corp?

Corporations are efficient vehicles to raise capital. As regular corporations, C corporations have no restrictions on who can be shareholders. Therefore, ...

Jun 23, 2026 • 1 READS

news

What happens if you make a mistake on tax return?

If you made a mistake on your tax return, you need to correct it with the IRS. To correct the error, you would need to file an amended return with the IRS...

Jun 23, 2026 • 1 READS

news

Is Dallas a good place to live?

Dallas is in Dallas County and is one of the best places to live in Texas. Living in Dallas offers residents an urban suburban mix feel and most residents...

Jun 23, 2026 • 1 READS

news

Does a trust get a 1099-INT?

Trusts are distinct legal entities that accumulate property and distribute income to beneficiaries while being managed by a third-party trustee. As a resu...

Jun 23, 2026 • 1 READS

news

When did working from home become a thing?

Remote workers weren’t born overnight when the internet was first created in the 1980s. Working remotely was the norm long before downtown offices and com...

Jun 23, 2026 • 1 READS