data and analysis
What do I need to work remotely for a US company?
The easiest way to do work for a US company remotely without a visa is for that company to hire you as an independent contractor. That means you have to b...
Latest Headlines
media and communication
How do you check if your address has been changed USPS?
Call 1-800-ASK-USPS and ask to be transferred to the post office in the city where you previously lived if you have not begun to receive your forwarded ma...
global affairs
How much does a 19 year old have to make to file taxes?
Beginning in 2018, a minor who may be claimed as a dependent has to file a return once their income exceeds their standard deduction. For tax year 2020 th...
education and learning
Do corporations have tax ID numbers?
Corporations and LLCs receive a corporate number upon approval of their articles of incorporation. This number is equivalent to the federal tax identifica...
science and technology
Where can I download my 2018 tax return?
The only way you can obtain copies of your tax returns from the IRS is by filing Form 4506 with the IRS. You can download this form from the IRS website. ...
global affairs
How long should a taxpayer keep a copy of Form W 2?
three years In almost all cases, you can shred or throw away any documents such as W-2s, 1099s or other forms or receipts three years after you file your ...
science and technology
How do I qualify for independent tax?
If you’re independent, you are required to file if your income is $9,750 or higher, according to tax preparer TurboTax, which is one of the 15 companies r...
data and analysis
Is the IRS automatically refunding unemployment taxes?
Adjusting returns for unemployment Passage of the law came after some people had already filed their 2020 returns, leaving those taxpayers wondering if th...
culture and society
How do you make sure no one claims you as a dependent?
If you know who improperly claimed you or your dependent, you can ask them to file an amended return to fix the problem. This process takes time, though. ...
news
What happens if you mail your tax return late?
There’s the little matter of cold, hard cash for our clients; for example, if a tax return is filed late, the IRS can charge penalties for late filing and...
civics and society
Can you take back gifted property?
The law provides that any gift that is made and accepted by the donee, is final and cannot be revoked later on. So, if all the conditions of a valid gift ...
media and communication
What do I need to amend my federal tax return?
Use Form 1040X to amend a federal income tax return that you filed before. Make sure you check the box at the top of the form that shows which year you ar...
health and wellbeing
How long does the IRS have to respond?
30 days The taxpayer should allow at least 30 days for the IRS to respond. Do remember that there is usually no need to call the IRS. If a taxpayer must c...