An Overview of Form 1099-B
What is a 1099-B?Â
Form 1099-B, Proceeds from Broker and Barter Exchange Transactions, reports important information… READ MORE
Is My Disability Income Taxable?
If you receive disability benefits every month, you may be wondering how it will affect your taxes.Â
What is disability… READ MORE
Teachers: Can you Deduct Your Out-of-Pocket Classroom Expenses?
As students and teachers head back to the classroom, many educators will dip into their own pockets to pay for school supplies.… READ MORE
Can I Get a Tax Refund if I Don’t Pay Taxes?
Refunds are an important – and exciting – part of taxes. However, not everyone’s tax situation is straight forward when… READ MORE
Capital Gains on Sale of a Home
Selling a home?Â
A capital gain is a profit made from the sale of any capital asset where the sales price exceeds your original… READ MORE
Can I Deduct Unreimbursed Job Expenses?
What is an unreimbursed job expense?
If you paid for a job expense that was necessary to your line of work during the tax year,… READ MORE
How to Make Spousal IRA Contributions for Retirement
Nearly one in five U.S. parents are stay-at-home moms and dads, according to Pew Research Center. That means that millions… READ MORE
529 Withdrawal Mistakes to Avoid
When it comes to saving money for your child’s education – whether it be for a private elementary school or four-year… READ MORE
Understanding CP501 and CP502 Notices
Owing the IRS isn’t fun, but it happens – especially after the recent government report stating that some employers haven  READ MORE
5 Ways to Get Health Coverage as a Freelancer
There are many rewarding aspects to freelancing – setting your schedule, being your own boss, working wherever you want,… READ MORE