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What is a single member corporation?

A single-member S Corp is a single-member LLC that has chosen to be treated as an S Corporation for tax purposes. A single-member S Corp is a single-membe...

Jul 21, 2026 • 1 READS

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How do I gift an IRA?

Q How do I make my gift? A Contact your IRA custodian and follow their procedures to request a “Qualified Charitable Distribution.” The check must be acco...

Jul 21, 2026 • 1 READS

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Can I file back taxes separately?

When you prepare and e-File a tax return as Married Filing Separate, you and your spouse each file your own return. As such, you report your own individua...

Jul 21, 2026 • 0 READS

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Can I file a corrected 1099-MISC online?

Once the original e-filing is accepted: To file a corrected W-2, go to the SSA website and file the corrected form, W-2C electronically. You can also use ...

Jul 21, 2026 • 2 READS

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Do you get paid when you put in your two weeks?

Generally, companies will honor the two-week notice and pay the employee for the last two weeks even if the employer does not allow the employee to work d...

Jul 21, 2026 • 1 READS

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What happens if my employer does not issue my W-2?

If your employer refuses to give you your W-2, let her know that the IRS requires her to issue it to you by Jan. 31. Tell your employer that the IRS will ...

Jul 21, 2026 • 1 READS

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Is there a fee for overpaying taxes?

Penalties for Tax Underpayment Though there aren’t penalties for overpaying your taxes, the IRS does impose penalties for underpaying your taxes. You are ...

Jul 21, 2026 • 0 READS

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Is income tax added or subtracted?

To calculate taxable income, which is the figure used by the Internal Revenue Service to determine income tax, taxpayers subtract deductions from gross in...

Jul 21, 2026 • 1 READS

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Do I need to file FBAR 2019?

Deadline for reporting foreign accounts 15, 2019, to file the FBAR. In general, the filing requirement applies to anyone who had an interest in, or signat...

Jul 21, 2026 • 1 READS

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What are the most common questions about TurboTax?

To help make the filing process as easy as possible, TurboTax has answered the most commonly asked tax questions for this tax season. Who Can I Claim as a...

Jul 20, 2026 • 1 READS