Employer Reported Wrong Wages on Your 1099: Corrections and CP2000
Learn what to do when a payer reported the wrong amount on a 1099, from requesting corrections and filing accurately to handling IRS notices and penalties.
What Happens If You Don’t Report Gambling Winnings to the IRS?
Learn what happens if you don't report gambling winnings to the IRS, from how the agency finds out to the penalties, criminal risks, and ways to fix it.
If You Buy a Car in Another State, What Tax Do You Pay?
Learn how buying a car in another state affects the tax you owe, from which state collects it and how the bill is calculated to bringing the car home.
How Long to Keep Documents After Selling Your House?
Learn how long to keep documents after selling a house, from IRS retention windows and situations that extend them to safely storing your records.
Can You Do a 1031 Exchange on Inherited Property?
Learn how a 1031 exchange on inherited property works, from the stepped-up basis and investment-use rules to deadlines, pitfalls, and reporting.
Is Commission Taxed Higher? Withholding, Real Rate, and 1099 Cases
Learn whether commission is taxed higher than salary, from how withholding skews your paycheck to the real rate at filing and how 1099 pay differs.
What States Have a Rain Tax? Costs, Credits, and Exemptions
Learn how rain tax by state works, from why cities charge stormwater fees to how bills are calculated and which credits or exemptions can reduce them.
Is It Legal for a Company to Hold Your 401k? Vesting and Delays
Learn whether it is legal for a company to hold your 401k, from vesting rules and permitted delays to what you can do when a hold seems improper.
Can a Corporation Buy a House? Financing, Taxes, and Liability
Learn how a corporation can buy a house, from choosing the right entity and securing commercial financing to the tax, liability, and insurance trade-offs.
Do You Pay Taxes on a Wrongful Death Settlement?
Learn how taxes on a wrongful death settlement work, from the portions the IRS excludes to the pieces that get taxed, reporting, and state-level issues.