TaxGuidance Team

If I Pay My Babysitter Cash, Can I Claim It on Taxes?

What Is a Capital Investment: Section 179, Depreciation, and Penalties

Gifting Depreciated Rental Property: Basis and Recapture Traps

Where Does Early Withdrawal Penalty Go on 1040?

1031 Accommodator Fees: Base Cost, Add-Ons, and Tax Basis

Hong Kong–US Tax Treaty: Why None Exists, FTC and FEIE Relief

How Much Tax Do Wheel of Fortune Winners Pay?

83-100 Personal Use of a Company Vehicle: Valuation and W-2 Reporting

Is Severance Pay Considered Earned Income? IRAs, 401(k), EITC

1099 Copy A: Filing Methods, Deadlines, and Penalties