How to Submit Form 56 to the IRS: Where, When, and How to Mail
Learn how to submit Form 56 to the IRS, from preparing and mailing the notice through what happens after filing and how to end the fiduciary relationship.
IRS Publication 17: Federal Income Tax for Individuals
Learn how IRS Publication 17 guides individual filers through a federal return, from filing status and income to deductions, credits, and deadlines.
Is Sewer Line Replacement Tax Deductible: Repair vs. Improvement
Learn how sewer line replacement tax deductions work across primary homes, rentals, and mixed-use properties, plus city assessments, financing, and recordkeeping.
Can You Claim a Totaled Car on Your Taxes: Disaster and Business Use
Learn when you can claim a totaled car on your taxes, from disaster and business-use rules to calculating the loss and reporting it on your return.
529 Student Loan Repayment: $10,000 Cap, Rules, and 1099-Q
Learn how 529 plan student loan repayment works, from federal limits and eligible family borrowers to tax reporting and handling any leftover funds.
If I Have an EIN, Do I Have to File Taxes? Rules by Entity Type
Learn whether having an EIN means you have to file taxes, from how rules differ by entity type to handling dormant businesses and closing an unused number.
Penalty for Tax Preparer Endorsing a Taxpayer’s Refund Check
Learn how penalties apply when a tax preparer endorses a refund check, from civil fines and professional discipline to criminal charges and your recourse.
How to Calculate Stock Option Cost Basis: NSOs and ISOs
Learn how to calculate stock option cost basis for NSOs and ISOs, from the numbers you need at exercise through broker reporting fixes and recordkeeping.
What to Do While Waiting for 501(c)(3) Status
Learn what to do while waiting for 501(c)(3) status, from running programs and fundraising responsibly to handling filings, records, and IRS follow-ups.
A Day in the Life of an Auditor: Fieldwork, Wrap-Up, and Reporting
Learn how a day in the life of an auditor unfolds, from early planning and on-site fieldwork through wrap-up, reporting, and the demands of busy season.