Did tax forms change for 2018?
There are several changes to the 2018 Form 1040. The 2018 Form 1040 replaces Forms 1040,1040A and 1040EZ with one 2018 Form 1040 that all taxpayers will f...
Published: Jul 05, 2026
Why are farmers selling land?
Financial Reasons Owners Sell Farmland Sometimes a seller just wants to realize their gains in asset appreciation or trade land for cash to invest in anot...
Published: Jul 04, 2026
How do I report a K-1 sale?
This is because the K-1 issuer needs to complete their tax return first. If you already mailed your return, or you e-filed and it was already accepted, yo...
Published: Jul 04, 2026
How does the IRS respond to unpaid payroll taxes?
The IRS considers unpaid payroll taxes a very serious violation. The agency will send out reminder notices once a business has missed a payment or two, bu...
Published: Jul 04, 2026
Can a client file their own tax extension?
One of the big questions that clients always ask is whether they can they file their own extension. The simple answer is no! Imagine letting your client f...
Published: Jul 04, 2026
How do I pay HMRC IHT?
You must pay Inheritance Tax by the end of the sixth month after the person died….You can pay from your own bank account or a joint account with the decea...
Published: Jul 04, 2026
Do capital gains affect disability?
Interest, capital gains, pensions and annuities do not count as earned income. If you are receiving Social Security Disability only, your monthly benefits...
Published: Jul 04, 2026
What percentage of rental expenses are tax deductible?
Depending on their income, landlords may be able to deduct (1) up to 20% of their net rental income, or (2) 2.5% of the initial cost of their rental prope...
Published: Jul 04, 2026
What is a federal copy of W-2?
You can get a wage and income transcript, containing the Federal tax information your employer reported to the Social Security Administration (SSA), by vi...
Published: Jul 04, 2026
What makes a marital home a separate property?
Separate property includes gifts that are made to one spouse, inheritances and property acquired before the marriage and that is maintained separately. A ...
Published: Jul 04, 2026
