local updates
Can a IRS reject an e-filed tax return?
In some cases, it’s immediately obvious that your e-filed return doesn’t have all of the information it needs, and the IRS can reject the e-filing right a...
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culture
How does inheritance work in a trust?
The Inheritance Trust is created by you, today, as grantor, naming your child as trustee and beneficiary when you die. If one of your children dies withou...
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business
Who Must File W8?
Form W8, W 8BEN or W8 form is used by non-resident aliens who do work and/or make income in the U.S. or by foreign business entities who make income in th...
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technology insights
Do I include smart worksheets with my tax return?
You are not required to provide any worksheets to the IRS with your return, but you should keep the worksheets with the rest of your tax return documentat...
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health
Should I do after tax contribution?
Making after-tax contributions allows you to invest more money with the potential for tax-deferred growth. That’s a powerful benefit on its own—but that’s...
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environment
Does an S corp issue a k1?
An S corporation usually doesn’t pay its own tax. It passes income and deductions to the shareholders. S corporations are required to file Form 1120S, whi...
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arts
Are options taxed like stocks?
When you sell stock you’ve acquired via the exercise of any type of option, you might face additional taxes. Just as if you bought a stock in the open mar...
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local updates
How do you find out if someone used your child on their taxes?
IRS Privacy Rules As a result, there’s no legal or official way to find out who claimed your child on his or her tax return. In most cases, you’ll never k...
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business
What font does the home office use?
Helvetica may look very familiar to you and this is because it may very well be the most famous sans-serif typeface in the world. This font is used for ma...
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health
Is fuel allowance exempt from tax?
Car is used exclusively for official purposes When an employee uses a car exclusively in the performance of official duties, all of the amount spent on fu...
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