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Do employers send W-2 to state?

As of publication, you must send Copy 1 of Form W-2 to the state unless your employee lives in Alaska, California, Florida, Iowa, Nevada, New Hampshire, N...

Aug 25, 2026 • 1 READS

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How much does an estate have to be worth to go to probate in CT?

Not all estates must go through the probate process in Connecticut. The state statutes make allowance for estates valued at $40,000 or less and with no re...

Aug 25, 2026 • 1 READS

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Can you have a solo 401k with an LLC?

You must make the Solo 401k contributions for your sole proprietorship by the time you file your business tax return. A single-member LLC is a disregarded...

Aug 25, 2026 • 1 READS

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What does the Office of Personnel Management do?

The Office of Personnel Management manages the civil service of the federal government, coordinates recruiting of new government employees, and manages th...

Aug 25, 2026 • 1 READS

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What if I did not depreciate my rental property?

However, not depreciating your property will not save you from the tax – the IRS levies it on the depreciation that you should have claimed, whether or no...

Aug 25, 2026 • 1 READS

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What do you need to know about the 1040X?

Form 1040X – Amended U.S. Individual Income Tax Return is a special tax form used to correct errors on your tax return. It serves like a road map that det...

Aug 25, 2026 • 1 READS

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What happens if Ira is named as beneficiary after death?

If the IRA owner died after his RBD and an estate is named as beneficiary, distributions can be taken out over the life expectancy of the deceased IRA own...

Aug 25, 2026 • 1 READS

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Do you have to efile Illinois state tax return?

Prepare and eFile IL – Illinois – and IRS State Tax Returns now including resident, nonresident, or part-year resident returns. However, the IRS and the r...

Aug 25, 2026 • 1 READS

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Do you have to file Form 709 for each year?

List all reportable gifts made during the calendar year on one Form 709. This means you must file a separate return for each calendar year a reportable gi...

Aug 25, 2026 • 1 READS

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Can you set up an annuity for a child?

With the right type of annuity and strategy, you can choose to have annuity payments continue to go to his or her child or children for the remainder of t...

Aug 25, 2026 • 1 READS