Head of Household vs Single on W-4: Which to Choose?
Learn how to choose between head of household vs single on your W-4, from the qualifying tests and paycheck impact to special rules for separated parents.
How to Write Off a Failed Investment in a Private Company
Learn how to write off a failed investment in a private company, from proving worthlessness to picking the right loss treatment and reporting it correctly.
IRS Levies: What Gets Seized, Notices, and How to Stop Them
Learn what the IRS can seize in a levy, from paychecks and bank accounts to retirement and property, plus the notices you'll receive and ways to stop it.
How to Verify an EIN Number Online: W-9, TIN Match, and EDGAR
Learn how to verify an EIN number online, from checking your own records and asking a business directly to searching public IRS, SEC, and state databases.
Extended Warranty Accounting Treatment: ASC 606, IFRS & Section 451(c)
Learn how extended warranty accounting treatment works under GAAP and IFRS, from classification and revenue recognition to tax timing and disclosures.
IRS Private Delivery Service Addresses for Tax Returns
Learn how IRS private delivery service addresses work, from choosing the right center and approved carrier to protecting timely filing and sending payments.
What Is a Blocker Entity: Uses, FIRPTA, and Tax Traps
Learn how a blocker entity works in fund investing, from why tax-exempt and foreign investors use one to FIRPTA rules, tax traps, and winding down.
How to Report Form 1099-Q on Your Tax Return
Learn how to calculate the taxable amount on a 1099-Q, from qualifying education expenses and credit coordination to the additional tax and reporting rules.
Which 1099 Copies Go to the Recipient: Copy B and Copy 2
Learn which 1099 copies go to the recipient, from what each copy is for and when it should arrive to fixing errors and how long to keep them on file.
What If the Standard Deduction Is More Than Your Income?
Learn what happens when the standard deduction is more than your income, from how taxable income zeros out to reasons to file and rules for special filers.