updates
What do you need to know about Form 1120 s?
Transfers to a corporation controlled by the transferor. Election to reduce basis under section 362 (e) (2) (C). Regulations section 1.1411-10 (g) (sectio...
Jul 31, 2026 • 1 READS
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Updates
updates
Is there a free version of TurboTax for state taxes?
That’s why, for the sixth year in a row, TurboTax is offering free federal and state tax filing with TurboTax Free Edition. TurboTax has helped millions o...
Jul 30, 2026 • 1 READS
updates
Can a husband and wife file separate tax returns?
Under the Income Tax Law both husband as well as the wife would be entitled to have their separate sources of income, separate funds of their own and so c...
Jul 30, 2026 • 1 READS
updates
Does being terminated affect employment?
Being fired from your job can be both a humiliating and terrifying experience. Plenty of people are fired, and it doesn’t affect their ability to get anot...
Jul 30, 2026 • 1 READS
updates
Can church contributions be deducted?
When you prepare your federal tax return, the IRS allows you to deduct the donations you make to churches. As long as you itemize your deductions, you can...
Jul 30, 2026 • 1 READS
updates
How much is spent on college tuition each year total?
In 2017–18, degree-granting postsecondary institutions in the United States spent $604 billion (in current dollars). Total expenses were $385 billion at p...
Jul 30, 2026 • 1 READS
updates
How do I close an LLC in Colorado?
Step 1: Follow Your Colorado LLC Operating Agreement Holding a vote with LLC members to dissolve the LLC. Recording the dissolution vote in the LLC’s meet...
Jul 30, 2026 • 1 READS
updates
How does CA calculate property tax?
California’s Proposition 13, passed in 1978, defines how property taxes are calculated and reassessed. Property taxes are calculated by multiplying the pr...
Jul 30, 2026 • 1 READS
updates
Do you count 1099 as employees?
A 1099 worker is one that is not considered an “employee.” Rather, this type of worker is usually referred to as a freelancer, independent contractor or o...
Jul 30, 2026 • 1 READS
updates
Do you need a colonoscopy after 70?
The guidelines: recommend screening for colorectal cancer using fecal occult blood testing, sigmoidoscopy, or colonoscopy in adults, beginning at age 50 y...
Jul 30, 2026 • 1 READS
