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    • All Posts (99) 99 posts
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    65. Why the IRS Audits You and What to Do if You Are Audited?

    62. What records should I keep for taxes and for how long?

    63. I made a mistake on my Tax Return, what should I do?

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    63. I made a mistake on my Tax Return, what should I do?
    • May 12
    • 1 min
    FAQ

    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...
    10 views0 comments
    45. Insurance check
    • Feb 2
    • 1 min
    Insurance

    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...
    10 views0 comments
    42. NEW CORP IN DECEMBER
    • Jan 31
    • 1 min
    Business Taxes

    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?...
    8 views0 comments
    41. MARRIED COUPLE ON 12/31/20XX
    • Dec 29, 2021
    • 1 min
    FAQ

    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...
    16 views0 comments
    Do I Need to File a Federal Tax Return?
    • Nov 25, 2021
    • 3 min
    Individual Taxes

    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...
    3 views0 comments
    The Annual Report: what you need to know
    • Nov 25, 2021
    • 2 min
    Business Taxes

    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...
    14 views0 comments
    Rental Property Deduction Checklist for Landlords
    • Nov 25, 2021
    • 2 min
    Individual Taxes

    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...
    6 views0 comments
    Where Americans pay the less in state income taxes
    • Nov 24, 2021
    • 1 min
    Individual Taxes

    Where Americans pay the 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...
    3 views0 comments
    HSA Frequently Asked Questions
    • Nov 24, 2021
    • 2 min
    FAQ

    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....
    2 views0 comments
    Overview of What to Expect with U.S. Taxes
    • Jun 18, 2021
    • 3 min
    FAQ

    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...
    3 views0 comments

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