education
Can I put money into last years IRA?
The IRS’s Retirement Account Contribution Window Extends until Tax Day. This applies to IRAs (Roth and traditional), 401(k)s, 403(b)s, etc. You can also c...
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Education
education
How to release a claim of a child as a dependent?
To release a claim of a child as a dependent so that a non-custodial parent can claim the child, or to revoke a previous release to claim a child as a dep...
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education
How can I look at my 2019 tax return?
Taxpayers may also obtain a tax transcript online from the IRS. Use Get Transcript Online to immediately view the AGI. Taxpayers must pass the Secure Acce...
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education
Where is Form 1099-MISC reported on 1040?
Schedule C Independent contractors report their income on Schedule C (Form 1040), Profit or Loss from Business (Sole Proprietorship). Does 1099-Misc get a...
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education
How long does it take to get tax refund from IRS?
The delays are prompting some taxpayers to fret over social media about spending weeks waiting in limbo for their money. Typically, the IRS sends most ref...
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education
How does my tax preparer get paid?
Some tax preparers charge a flat fee, with additional flat charges for each additional form over the standard return. Others may charge an hourly rate bas...
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education
Is there a new payment plan for the IRS?
Although not an official IRS pronouncement as of 8/29/2020, the IRS now allows tax debtors who owe between $50,000 and $250,000 to pay on easier terms. Th...
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education
How do I view loans in QuickBooks?
Add the loan account to the chart of accounts in QuickBooks. Open up the chart of accounts by using the Lists tab on the top menu bar. Click “Ctrl” and “N...
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education
Did not receive W2 from previous employer?
Contact your employer’s payroll provider. If the employer is no longer in business or you can not reach someone: Call the IRS for assistance at 800-829-10...
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education
What to do if your tax return has been lost?
Fortunately, if a prior return has been lost or destroyed, you can get a copy from the IRS. The IRS has an online “Get Transcript” tool on IRS.gov that le...
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