updates
Is wash sale loss disallowed taxable?
If you have a loss from a wash sale, you can’t deduct the loss on your return. However, a gain on a wash sale is taxable. How wash sale affects taxes? The...
Jun 17, 2026 • 1 READS
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Updates
updates
What prior year tax returns can be filed electronically?
Prior Year Returns – MeF allows filing of prior year 1040 returns. As a new tax form type is added to the MeF platform, tax returns will be accepted for t...
Jun 17, 2026 • 1 READS
updates
What happens if your check goes to the wrong account?
You incorrectly enter an account or routing number and the number passes the validation check, but your designated financial institution rejects and retur...
Jun 17, 2026 • 1 READS
updates
What is the entry to record payroll?
Debit the wages, salaries, and company payroll taxes you paid. This will increase your expenses for the period. When you record payroll, you generally deb...
Jun 17, 2026 • 1 READS
updates
Is TurboTax going to fix stimulus checks?
TurboTax and H&R Block said they worked with the IRS to fix stimulus check deposit issues. And like millions of other customers of many tax preparatio...
Jun 17, 2026 • 1 READS
updates
Is a 5% 401K match good?
The Bottom Line. The most common employer match is 50 cents on the dollar, on up to 6% of your salary. Most advisors recommend contributing enough to get ...
Jun 17, 2026 • 1 READS
updates
How do I find my ein for child care?
Contact your state’s daycare regulatory body. In most states this is the Secretary of State. Go to the website for your state’s Secretary of State, where ...
Jun 17, 2026 • 1 READS
updates
How do I put my direct deposit information in for the IRS?
Direct deposit is easy to use. Just select it as your refund method through your tax software and type in the account number and routing number. Or, tell ...
Jun 17, 2026 • 1 READS
updates
When did my sister, Jenny, pass away?
My sister Jenny passed away February 7, 2019 at 3pm in the afternoon. Jenny was admitted into the hospital with type A Flu. They almost lost her about 7 t...
Jun 17, 2026 • 1 READS
updates
Do you need 2019 tax return for stimulus?
If you filed a tax return in 2018 or receive Social Security income, Railroad Retirement benefits, Supplemental Security Income, VA benefits, or Social Se...
Jun 17, 2026 • 1 READS
