You must file an amended tax return entering the corrected info and an explanation of why are you changing your report. Based on the...

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...

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?...

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...

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...

What is an Annual Report? An Annual report is necessary because it keeps the company in good standing status as a registered entity. In...

Owning a rental property is a huge part of the American dream. Renting out a residential property can be a solid investment, but there...

While individuals and businesses in all 50 states pay federal income tax, residents in 41 states also pay state income tax. Seven states...

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....

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...