The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
I just realized that I should have filed Forms 8606 for my wife and I
with our 2024 tax return. We distributed money from our traditional IRAs
for direct deposit to our Roth accounts. We only need to fill out Part
II of the form because we have never...read more
PCD21Posted 6 hours ago
| Latest post 6m ago by
fanfare
In Coinbase report I see purchases from various years. I try to change
to 'buy' under 'transactions' and it changes to buy and then changes
immediately back to 'other' ?
The Form 1116 Gross Income from All Sources is Wrong. It's too low by
nearly half. It appears not to be including any of the "Other Income" on
Schedule 1 (I understand all the lines it's supposed to be adding). In
my case there is a sizable DCP numbe...read more
Hi, I’m currently working as a post doctoral researcher at a university
in the states. I’m currently exempt from federal income tax as well as
FICA tax as per the US-UK tax treaty article 20a. I’m likely to extend
my contract with the university past...read more
I will be itemizing deductions, and can increase charitable
contributions by Dec 2025 to lower the MAGI. Has TT 2024 been fully
updated to account for OBBB changes?
organdanPosted 6 hours ago
| Latest post 4 hours ago by
organdan