Mastering the Art of Section 1031 Like-Kind Exchange
Understanding Section 1031 Like-Kind Exchange can be a game-changer for anyone in the world of real estate investment. This powerful IRS tax code allows investors to defer capital gains taxes on the sale of a property, provided they reinvest the proceeds into a like-kind property. It’s a strategy that can save you money and help grow your investment portfolio faster.
What You Need to Know About Exit Tax or Expatriation Tax and Filing of IRS Form 8854
The Exit tax or Expatriation tax, which refers to the tax that you must pay when you give up your U.S. citizenship or long-term resident status.
Understanding Estimated Taxes: A Beginner’s Guide
Understanding estimated taxes is essential. Dive into the basics so that you can get a better idea of what you owe and avoid any surprises come tax season.
How to Handle IRS Letter 12c Request for More Information and Filing Form 8962
we’ll explain how to respond to a letter 12c request for more information and how to file form 8962.
Amending Taxes – A Guide for Filing Your Form 1040-X
Understanding when and how to file your Form 1040-X is essential for avoiding potential penalties. This blog post will provide information about when you should consider filing a tax amendment, what documents must be included with your form, and how to avoid common mistakes when filing.
How to Enter an IP PIN in TurboTax Online
Here are two ways to enter an IP PIN in TurboTax Online. Follow these instructions to enter your IP PIN. Alternate instructions: If you need to remove the IP PIN, […]
How to Add an IP PIN to TAX ACT
Follow these steps to add an IP PIN to TAX ACT tax returns. Alternative instructions:
The Best Tax Calculators
Here are the best tax calculators in the industry. All free of charge, of course.
