What Is a Taxable Distribution and How Is It Taxed?
Learn how a taxable distribution is taxed, from retirement account withdrawals through fund and annuity payouts, trust income, and how it gets reported.
What States Have a Gross Receipts Tax? 7 States and Tax Pyramiding
Learn what states have a gross receipts tax, from statewide and local versions to how they differ from other taxes and pyramid costs on businesses.
Do Churches File Tax Returns or Are They Exempt?
Learn what tax returns churches file with the IRS, from payroll and unrelated business obligations to donor paperwork and penalties for missed deadlines.
Do You Have to File Taxes on Social Security Disability?
Learn how taxes on Social Security disability work, from when benefits become taxable to reporting them and what happens if you skip a required return.
Who Should Claim a Child on Taxes When Unmarried?
Learn how the IRS decides who claims a child on taxes when parents are unmarried, from measuring residency to transferring the claim and settling disputes.
How to Add Your Spouse to an LLC: Legal, Tax, and EIN Steps
Learn how to add your spouse to an LLC, from amending your operating agreement and state filings to the federal tax shift and liability effects.
Can Tax Preparers Be Held Liable for Mistakes?
Learn how tax preparers can be held liable for mistakes on your return, from types of errors and what you can recover to reducing your own IRS penalties.
Can the State Take Your Lottery Winnings? Child Support and Taxes
Learn how the state can take your lottery winnings, from child support and tax withholdings to court debts, benefit impacts, and planning options.
Is a Church a Corporation? Incorporation vs. Tax-Exempt Status
Learn how a church becomes a corporation, from what incorporation changes to how it differs from tax-exempt status and keeps liability protection.
Can PayPal Be Garnished by Creditors or the IRS?
Learn how PayPal can be garnished by creditors and the IRS, from how orders reach your balance to what's protected and how to challenge a freeze.