news

How do I correct a mistake on my W-2?

Call the IRS toll free at 800-829-1040 or make an appointment to visit an IRS Taxpayer Assistance Center (TAC). The IRS will send your employer a letter r...

Sep 03, 2026 • 1 READS

news

What do you do with a 1099c for a deceased person?

Filing Taxes. For a decedent, the 1099-C income is included on the decedent’s tax return for the tax year it was issued. It is the responsibility of the e...

Sep 03, 2026 • 0 READS

news

Can a permanent resident own a house?

Yes, it is possible for a green card holder in the U.S. to buy a home. In fact, permanent residents’ ability to acquire home loans is even greater than th...

Sep 03, 2026 • 0 READS

news

What happens if my spouse owes me child support?

There are certain debts, such as child support, student loans and back taxes, which cause the IRS to withhold refunds, or “offset” them, to use IRS termin...

Sep 03, 2026 • 0 READS

news

Can you file a self assessment tax return online?

You can also use the online service to: You must register for Self Assessment before using this service if: You cannot file a Self Assessment tax return o...

Sep 03, 2026 • 0 READS

news

Is agriculture business taxable?

Agricultural income is not taxable under Section 10 (1) of the Income Tax Act as it is not counted as a part of an individual’s total income. However, the...

Sep 03, 2026 • 0 READS

news

Who is considered to be a tax preparer?

IRC § 7701 (1) (36) (A) defines a “preparer” as “any person who prepares for compensation, or who employs one or more persons to prepare for compensation,...

Sep 03, 2026 • 0 READS

news

Can as CORP have employees?

S Corporations and Employees An S corporation is able to hire employees, but employees are not a requirement. S corporations get taxed the same as partner...

Sep 03, 2026 • 0 READS

news

How do you add 8 sales tax to a price?

Convert the sales tax percentage into a decimal figure. Take the percent number and imagine a decimal point after it. Now move that decimal point two spac...

Sep 03, 2026 • 0 READS

news

Can you claim sibling as dependent?

You can claim your sister’s child if you can claim your sister as a dependent and the child meets these tests: The child is one of these: Under age 19. Un...

Sep 03, 2026 • 0 READS