data and analysis
Can You claim a loss on an inherited house?
You can also include a loss from the sale of an inherited house on your tax return. However, if you used the home as your residence, then you cannot claim...
Latest Headlines
data and analysis
How much commission does a construction salesman make?
The low end usually bottoms out at 5%, with some companies paying as much as 40 – 50% commission per sale. These are typically businesses that have implem...
health and wellbeing
How do I file my annual report?
How to File an Annual Report Determine If You Need To File an Annual Report. Find Out When the Annual Report is Due. Complete the Annual Report Form. File...
science and technology
How long can you have a custodial account?
As custodian, you are in control of your child’s custodial account until he or she reaches your state’s age of majority. Depending on your state of reside...
global affairs
Do you have to file taxes as a married couple?
They are each required to file for 2007 and filed separate tax returns, both using the filing status Married Filing Separately. They each meet the income ...
education and learning
Why do I owe taxes this year but not last year?
In a nutshell, over-withholding means you’ll get a refund at tax time. Under-withholding means you’ll owe. Many people try to get as close as possible to ...
education and learning
How to check the status of a mailed paper return?
If you are expecting a refund you can check the IRS website Where’s My Refund 4 weeks after mailing your return. If you are not expecting a refund trackin...
news
What is my business year end?
Your business’s fiscal year-end is also known as the tax year-end or financial year of your business. The fiscal year-end is generally a twelve month peri...
education and learning
Why is Iowa refund taking so long?
What can cause a delay in my Iowa state refund? If the department needs to verify information reported on your return or request additional information, t...
culture and society
Is there a stimulus for buying a car?
The stimulus check is a great down payment to purchase a used car. This additional income allows you to purchase a used car that may be two-three years ol...
civics and society
Are custody agreement legally binding?
Parents who make a parenting plan can ask the court to make an order in the terms of that plan. Once made, these orders are legally binding – they have th...
global affairs
What if my employer never had me fill out a w4?
If an employee fails to give you a properly completed Form W-4, you must withhold federal income taxes from his or her wages as if he or she were single a...
news
Who is entitled to stimulus check for child under 17?
For children under 17, the payment goes to whichever parent claimed the child as a dependent on 2019 income taxes or whoever signs up the for a stimulus c...