Personal Vehicle Business Reimbursement: Accountable Plans and FAVR
Learn how reimbursement for business use of a personal vehicle works, from IRS-approved payment methods and mileage tracking to when employers must pay.
IRS Notice CP521: Missed Payments and Reinstatement
Learn how to handle IRS Notice CP521, from making your monthly installment payment to keeping the agreement intact or reinstating it if it terminates.
Mineral Trust: How It Works, Taxes, and Estate Planning
Learn how a mineral trust works, from setup and trustee duties through taxation, estate planning, and the long-term handling of royalty interests.
My Tax Preparer Charged Too Much: Negotiate, Complain, or Sue
Learn what to do when a tax preparer charged too much, from negotiating and disputing the bill to filing complaints or taking it to small claims court.
How to Convert a Single Member LLC to an S Corp
Learn how to convert a single member LLC to an S corp, from federal election and payroll through tax tradeoffs, ongoing filings, and state compliance.
1099 for Deceased Employee Wages: Timing, FUTA, and Penalties
Learn how a 1099 for deceased employee wages is handled, from payment timing and tax reporting through deadlines, penalties, and state-level differences.
Deferred Stock: Tax Timing, 409A Triggers, and Credit Risk
Learn how deferred stock tax rules work, from when taxes come due and how distribution timing is controlled to the penalties and credit risks of deferral.
Completeness Audit: Assertions, Cutoff, and Unrecorded Liabilities
Learn how a completeness audit works, from the assertions and directional testing behind it through cutoff, unrecorded liabilities, and disclosure checks.
Where to Send 1099-NEC Forms: Mailing Addresses, IRIS, and Deadlines
Learn where to send 1099-NEC forms, from paper filing and electronic submission through IRIS to recipient copies, state rules, and filing deadlines.
Control Number on an IRS Letter: What the 14 Digits Mean
Learn how the control number on an IRS letter works, from where it appears and what its digits mean to using it when contacting the agency or verifying a notice.