top of page
Search
Nov 18, 20221 min read
84. Where Americans pay less in state income taxes
While individuals and businesses in all 50 states pay federal income tax, residents in 41 states also pay state income tax. Seven states...
14 views0 comments
Nov 17, 20222 min read
83. Rental Property Deduction Checklist for Landlords
Owning a rental property is a huge part of the American dream. Renting out a residential property can be a solid investment, but there...
14 views0 comments
Sep 30, 20223 min read
82. Do I Need to File a Federal Tax Return?
You might be wondering if you need to file a tax return. While most people who earn an income must file a Federal income tax return, that...
16 views0 comments
Aug 30, 20222 min read
79. HSA Frequently Asked Questions
HSA FAQ What is a Health Savings Account (HSA)? An HSA is a tax-favored account used in conjunction with an HSA-compatible health plan....
28 views0 comments
Jul 21, 20222 min read
69. The Annual Report: What You Need to Know!
What is an Annual Report? An Annual report is necessary because it keeps the company in good standing status as a registered entity. In...
90 views0 comments
May 11, 20221 min read
63. I Made a Mistake on My Tax Return, What Should I Do?
You must file an amended tax return entering the corrected info and an explanation of why are you changing your report. Based on the...
19 views0 comments
Feb 20, 20223 min read
54. Overview of What to Expect with U.S. Taxes
The United States operates on a “pay as you go” system of taxation. That means the government expects everyone to send in their share of...
6 views0 comments
Feb 3, 20221 min read
45. Insurance check
I had a car crash last year, my car was completely destroyed. The insurance company has sent me a $ 7500.00 USD check. Do I need to pay...
15 views0 comments
Jan 31, 20221 min read
42. NEW CORP IN DECEMBER
I opened a corporation in December of last year. I did not have any operations or activities. Do I need to file taxes for my business?...
14 views0 comments
Jan 30, 20221 min read
41. Married Couple on 12/31/20XX
I married last year on December 31st. Do I need to file my taxes with my spouse? YES Based on the IRS guidelines, if you were married on...
20 views0 comments
bottom of page