news

Can you live in a house while it is being renovated?

When clients make a decision to remodel their home, the next question naturally is, “Can I stay in my home during a home remodel?” The answer is yes, most...

Published: Apr 23, 2026

general

Can I amend my taxes to add Schedule C?

Amending Schedule C Schedule C is included in your personal tax return (Form 1040 or 1040-SR), so to amend your business taxes you must amend your entire ...

Published: Apr 23, 2026

news

Can I use my mailing address as my billing address?

Mailing addresses are the address where you currently receive mail. Billing addresses are the address on the credit card that is being used to place the o...

Published: Apr 23, 2026

updates

What does claim exemption from federal taxes mean?

When you file as exempt from withholding with your employer for federal tax withholding, you don’t make any federal income tax payments during the year. Y...

Published: Apr 23, 2026

updates

What is the meaning of legal fees?

Noun. 1. legal fee – a fee paid for legal service. law, jurisprudence – the collection of rules imposed by authority; “civilization presupposes respect fo...

Published: Apr 23, 2026

updates

How is SS income calculated?

We base Social Security benefits on your lifetime earnings. We adjust or “index” your actual earnings to account for changes in average wages since the ye...

Published: Apr 23, 2026

updates

Can I make payments on amended tax return?

If you owe money as a result of the correction, you should include a check or money order with your 1040X submission. You can pay the balance you owe onli...

Published: Apr 23, 2026

news

How are stocks divided in a divorce?

For instance, if 100 shares of stock are part of the marital property to be divided in half, one party gets 50 shares and the other party gets the remaini...

Published: Apr 23, 2026

news

Do I have to file Form 8858?

Who Needs to File Form 8858? You will need to file Form 8858 if you are the owner of a foreign entity that is considered a disregarded entity of US income...

Published: Apr 23, 2026

general

What is a k1 for estate?

A Schedule K-1 is the official federal tax form that’s used to report earnings and losses when there is an investment in a partnership. In cases of estate...

Published: Apr 23, 2026