529 Room and Board Limits: The Cap, Enrollment, and Overages
Learn how 529 room and board limits work, from how schools set the cap and what qualifies to enrollment rules and what happens when withdrawals go over.
Erroneous Refund: How to Return It, Penalties, and IRS Notices
Learn how to return an erroneous IRS refund, from repayment steps for each payment method to the interest, penalties, and risks of ignoring it.
Form 5471 Filing Requirements: Categories, Penalties, and Relief
Learn how Form 5471 filing requirements work for U.S. owners of foreign corporations, from who falls into which category to penalties and catch-up options.
Where Do You Enter Form 5498 on Your Tax Return?
Learn where to enter Form 5498 on your tax return, from how IRA contributions and conversions reach the right forms to handling excess amounts and RMDs.
How to Check If the IRS Received Your Tax Payment
Learn how to check if the IRS received your tax payment, from online account and confirmation methods to tracing missing payments and resolving issues.
State Personal Exemptions: Dependents, Withholding, and Overclaims
Learn how many state personal exemptions to claim, from confirming your state's rules and counting dependents to setting withholding and fixing overclaims.
How Long Can an LLC Operate at a Loss: Profit Test and Risks
Learn how long an LLC can operate at a loss, from the IRS profit-motive test to the tax, liability, and compliance risks that build with each losing year.
What Is Form 5330? Excise Taxes, Filers, and Deadlines
Learn how Form 5330 reports retirement plan excise taxes, from the violations it covers to who files, when it's due, and what unresolved issues cost.
IRS Form 4549 Payment Online: Direct Pay, EFTPS, and Installment Plans
Learn how to pay IRS Form 4549 online, from choosing an electronic payment method to handling partial balances, verifying the payment, and related filings.
Abandoned Spouse Filing Status: Tests, Proof, and Duration
Learn how the abandoned spouse filing status works, from the qualifying tests and proof you'll need to conflicts with your spouse and how long it lasts.