Self-employment has its benefits. An LLC can help reduce your liability without reducing your freedom to run your business as you see fit. And we have you...

Yes. You have no rental activity to report. You may continue to deduct real estate taxes and mortgage interest, on schedule A (itemized deductions), for y...

Retrieve your IP PIN online at the IRS’s Get an IP PIN site; or. Call the IRS at 1-800-908-4490 to have your IP PIN mailed to you (this can take up to 21 ...

How long will it take to get my FICA tax refund? It will generally take at least 12 weeks for the IRS to process your Social Security and Medicare tax ref...

Using losses to reduce your gain When you report a loss, the amount is deducted from the gains you made in the same tax year. If your total taxable gain i...

(Information on forming an LLC is free; additional paid services available.) “To form an SMLLC in Massachusetts, here’s everything you need to know.” Lear...

The IRS treats the American Opportunity and Lifetime Learning tax credits similarly regarding whether a parent or dependent gets to claim them. But if you...

Yes, you can remove individual accounts from your debt management plan. To do so, call customer support and make the request. The consequences for removin...

1 Dependents can have their own tax returns, and even be married, but they must not have filed a joint tax return for the year unless it’s just to claim a...

Payment thresholds involve two factors: (1) minimum payment – $25, $50, $100, etc. This continues until the accumulated commission is greater than the min...