TaxGuidance Team

What If You Make Less Than the Standard Deduction?

Can You Claim Your Child on Taxes If They’re in Foster Care?

Forgot to File FBAR: Penalties, Streamlined, and DFSP

Critical Illness Payouts: Taxable or Tax-Free?

What Is April 15 Tax Day? Filing, Extensions, and Penalties

In-Kind Distribution From an IRA: Taxes, Penalties, and RMDs

Testamentary Trust Taxation: Brackets, Distributions, and Filing

Outside Services Definition: 1099-NEC, W-9, and Contractor Rules

Why Is Alimony No Longer Tax-Deductible: Cutoff Date and State Rules

Pensions Under the US-UK Tax Treaty: Lump Sums, QROPS, and FBAR