TaxGuidance Team

How to File an S Corp Amended Return: Form 1120-S and K-1s

529 Plan for Your Nephew: Gift Tax, FAFSA, and Setup

Qualified vs. Non-Qualified Dividends and How They’re Taxed

Do Sole Proprietors and Single-Member LLCs Get 1099s?

Quality of Earnings: EBITDA Adjustments and Purchase Price Impact

What Are Ancillary Costs? Meaning, Capitalization, and Tax Basis

Are Scholarships Tax Deductible for Companies? IRS Rules and Tests

Form 1099 for Joint Accounts: Nominee Reporting and Tax Impact

FVO Loans: Election, Fair Value Reporting, and Disclosures

My Accountant Didn’t File My Taxes: Penalties, Waivers, and Recourse