1041 Tax Preparation Fees: Non-Grantor vs. Grantor Trust Rules
Learn how Form 1041 tax preparation fees are deductible across non-grantor and grantor trusts, from reporting and qualifying costs to final-year treatment.
How to Claim IRS Deductions for Volunteer Work
Learn how to claim IRS deductions for volunteer work, from which charities and expenses qualify to the records you need and how to report them at tax time.
Can You Request an IRS 147C Letter Online? Phone and Fax Options
Learn how to request an IRS 147C letter when there's no online form, from phone and fax steps to using a representative and handling delivery issues.
W-2 Box 1 vs Box 5: Pre-Tax Deferrals and Box 12 Reconciliation
Learn how W-2 Box 1 vs Box 5 differences arise, from pre-tax deferrals and other wage adjustments to reconciling the gap with Box 12 codes on your return.
Do UK Citizens Have to File a US Tax Return?
Learn how the US tax return filing rules apply to UK citizens, from residency tests and US-source income to treaty benefits, property sales, and penalties.
Does an Intentionally Defective Grantor Trust Need an EIN?
Learn whether an IDGT needs an EIN, from reporting income under the grantor's SSN to the trustee's filing options and what changes after the grantor dies.
Are 401(k) Loan Payments Pre-Tax or Post-Tax?
Learn how 401(k) loan payments work on a pre-tax or post-tax basis, from payroll withholding to double taxation concerns and the risks of default.
IRC 6402: Refund Offset Order, Disputes, and Hardship Bypass
Learn how an IRS refund offset works, from the order debts get paid and tracing your refund to disputes, spousal protections, and hardship relief.
Code 768 on IRS Transcript: Meaning, Refund Hold, and Timing
Learn how code 768 on an IRS transcript works, from what the entry means for your credit to why refunds are held and when the money finally reaches you.
Difference Between EIN and SSN: Uses, Risks, and ITIN Option
Learn how an EIN and SSN differ, from tax and business uses to identity risks and what to do when you're not eligible for a Social Security Number.