Can Childcare Be a Business Expense or a Tax Credit?
Learn how childcare is treated as a business expense or tax credit, from the credits and pretax accounts available to hiring and household employer rules.
How to Upload W-2s to the IRS Electronically
Learn how to upload W-2s to the IRS electronically, from account setup and wage file preparation to tracking submissions, corrections, and deadlines.
Convert a SEP IRA to a Solo 401(k): Setup, Rollover, and Reporting
Learn how to roll over a SEP IRA to a Solo 401(k), from setting up the new plan and moving the funds to reporting the transfer and the rules that follow.
Are Health Insurance Premiums Paid by Employer Taxable?
Learn how employer-paid health insurance premiums are taxed, from the standard exclusion to when coverage becomes taxable and how it appears on tax forms.
Amended IRS Refund: Filing 1040-X, Tracking, and Interest
Learn how an amended IRS refund works, from filing and tracking Form 1040-X through payment and interest to handling denials and state returns.
Can an LLC Use a Social Security Number for Taxes?
Learn how an LLC can use a Social Security Number for taxes, from single-owner filings and when an EIN becomes mandatory to how foreign owners get one.
IRS Stop 6525: Notices, Responses, and How to Send Them
Learn how to handle IRS Stop 6525 correspondence, from the notices routed to this unit and the documents to include through submission, follow-up, and appeals.
What Is IRC Section 2035? The Three-Year Clawback Rule
Learn how the IRC Section 2035 three-year rule pulls certain lifetime transfers and gift tax back into an estate, from what's included to how it's valued.
Major Customer Disclosure Requirements and the 10% Rule
Learn how major customer disclosure requirements work under U.S. GAAP, from what triggers reporting and what must be shared to added rules for public companies.
What Is Turnover Tax? Calculation, Cascading, and VAT Comparison
Learn how turnover tax works, from what it applies to and how it compounds through supply chains to how it compares with VAT and where U.S. states use it.