If You Owe Taxes From a Previous Year, Will You Get a Refund?
Learn what happens to your refund if you owe taxes from a previous year, from IRS offsets and notices to spousal relief and when old debts expire.
Can I Claim My 18-Year-Old on My Taxes: Rules and $500 Credit
Learn how claiming your 18-year-old on your taxes works, from dependent rules and available credits to their filing duties and special family situations.
Foreign Certificate of Deposit Tax and FBAR Reporting
Learn how foreign CD tax reporting works, from handling interest and currency effects on your return to offshore account disclosures and penalties.
How Many Stamps Do You Need to Mail Your Tax Return?
Learn how many stamps to mail a tax return, from weighing envelopes and postage risks to deadline timing, delivery proof, and carrier options.
IRS Asset Life Table: Class Lives, Recovery Periods, and Conventions
Learn how to use the IRS asset life table, from finding class lives and recovery periods to applying MACRS conventions and fixing depreciation errors.
What Is an Estate Sale? How It Works and Tax Rules
Learn how an estate sale works, from hiring a liquidation company and preparing the home to shopping the sale and handling taxes on the proceeds.
What Is an Equity Reserve on the Balance Sheet?
Learn how an equity reserve on the balance sheet works, from how boards create and classify them to accounting treatment, release, and tax considerations.
Form 4972 Qualifying Lump-Sum Distribution: Eligibility and Filing
Learn how a Form 4972 qualifying lump-sum distribution works, from eligibility and what payouts qualify to tax treatment, rollover choices, and filing.
Can You Start a Business If You Owe Back Taxes?
Learn how you can start a business if you owe back taxes, from forming the entity and finding funding to handling IRS collection while resolving the debt.
Does the IRS Recognize Common Law Marriage for Taxes?
Learn how the IRS recognizes common law marriage, from establishing a valid union through filing rules, tax benefits, and ending the relationship.