updates

What happens to your taxes when your spouse dies?

The tax filing status after the death of a spouse is fairly straightforward. If your spouse dies during the year, the IRS considers you married for the en...

Jul 26, 2026 • 1 READS

updates

What makes an S corporation A S corporation?

S Corporations. An S corporations structure also protects business owners’ personal assets from any corporate liability and passes through income, usually...

Jul 26, 2026 • 1 READS

updates

Do you have to round on 1040?

You can round off cents to whole dollars on your return and schedules. If you do round to whole dollars, you must round all amounts. To round, drop amount...

Jul 26, 2026 • 1 READS

updates

Where can I Find my Ein number for my business?

If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line...

Jul 26, 2026 • 1 READS

updates

How do I change my business structure?

Get started with these four steps to learn how to change business type. Research business structure options. Before you commit to changing your business e...

Jul 26, 2026 • 1 READS

updates

When is the deadline to contribute to an IRA?

One thing that adds to taxpayer confusion is that the deadline for contributions is tax day of the following year. Be extra careful if you’re rushing to m...

Jul 26, 2026 • 1 READS

updates

How much do freelance tax preparers make?

Self Employed Tax Preparer Salary Annual Salary Hourly Wage Top Earners $112,500 $54 75th Percentile $73,000 $35 Average $65,240 $31 25th Percentile $31,0...

Jul 26, 2026 • 1 READS

updates

What happens if you forget to mail your taxes?

The IRS has two penalties that might apply to your tax return. If you filed late, you’ll pay a failure-to-file penalty. If you file 60 days or more after ...

Jul 26, 2026 • 1 READS

updates

Do you have to pay state taxes in MS?

There is no tax schedule for Mississippi income taxes. Mississippi has a graduated tax rate. These rates are the same for individuals and businesses. Ther...

Jul 26, 2026 • 1 READS

updates

Are local governments exempt from sales tax?

State and Local Government States are free to provide exemptions without question of discrimination against other non-governmental agencies. Some states p...

Jul 26, 2026 • 1 READS