Unfortunately, it cannot be guaranteed that hiring a tax professional will result in an error-free return. In the event that you do discover that your preparer made a mistake on your return, here are the steps you can take. Read more
Call it a marriage gift from the IRS, or one of the perks of getting married - whichever way you see it, there are tax advantages that come with marriage. Learn about them all here. Read more
Once you have submitted and transmitted your tax return, the wait for your refund check begins. A tax refund owed to you is something you are likely eager to receive. Find out how long you'll have to wait for your refund by reading this guide. Read more
Tax deadlines tend to sneak up on you, so you may find yourself in need of filing for a tax extension. There's no need to panic if you don't think you'll be ready to file your taxes by the deadline. The process of filing an extension is easy. Here's everything you need to know. Read more
Many employees receive restricted stock units (RSUs) as a part of their compensation, particularly in the tech industry. Do you receive restricted stock units as part of your compensation? Here's what you need to know about restricted stock units and their tax treatment. Read more
Despite life's uncertainty, some things remain constant - like the need to file a tax return. As tax season begins, you may be asking yourself: should I file my own tax returns with the help of tax software, or should I hire someone to do it for me? Your decision will likely be influenced by cost. So, how much does it cost to have a professional do your taxes? Learn in our complete guide. Read more
When you earn rental income on a residence, building, or receive royalties from a partnership or S corporation, you must prepare Schedule E for your tax return. Learn all about IRS form Schedule E in this guide. Read more
The cost of doing business is unavoidable. However, with careful attention, you can use business expenses in your favor to decrease your tax liability. Learn how to maximize your profit when using legitimate business expenses to reduce your taxes in this complete guide. Read more
In the case of capital gains or losses (from selling stocks, options, or crypto), or if you sold your home, you'll use Schedule D: Capital Gains and Losses. However, you may not be familiar with it. Here's everything you need to know about Schedule D, when to file it, and how. Read more