Category: General

What is UTP for tax?

For Schedule UTP purposes, an uncertain tax position is a position taken on a tax return that would result in an adjustment to a line item on the tax retu...

Can a step parent file taxes?

Yes, you can claim your stepchild as a Qualifying Child dependent (filing as Married Filing Separate) if: The child must be related to you. Your child mus...

Are 1099s late this year?

New Form 1099-NEC Form 1099-NEC is a new form for tax year 2020 for nonemployee compensation of $600 or more to a payee. This form should be filed with th...