updates

How do I report a short sale on Schedule D?

How to Report Stock Short Sales to the IRS Review the Form 1099-B from your short sale. List the completed short sale on your Schedule D. Complete your Sc...

Published: Apr 26, 2026

updates

How do I get a tax transcript from S Corp?

To order a transcript online and have it delivered by mail, go to IRS.gov and use the Get Transcript tool. To order by phone, call 800-908-9946 and follow...

Published: Apr 26, 2026

news

Can I do my own 1065?

All other partnerships, however, may choose to voluntarily file their Form 1065, US Return of Partnership Income, electronically regardless of the number ...

Published: Apr 26, 2026

updates

Can a trust be filed on a fiscal year?

Generally, estates have the ability to elect a fiscal year end or a calendar year end, whereas trusts default to a calendar year end. If you elect §645, i...

Published: Apr 26, 2026

updates

What is a bonafide resident of Puerto Rico?

An individual is considered to be a bona fide resident of Puerto Rico if three tests are met. The individual must be present for at least 183 days during ...

Published: Apr 26, 2026

news

Does IRS accept scanned documents?

Yes, the Internal Revenue Service (IRS) has been accepting digitized or scanned versions of paper documents since 1997 in lieu of paper documents. The dig...

Published: Apr 26, 2026

news

What happened to the Summit Resort in the Poconos?

“The Summit Resort, a couples and honeymoon escape located in Tannersville, closed in 2002… The sprawling site has several abandoned small cabins througho...

Published: Apr 26, 2026

news

Can someone take over a sole proprietorship?

Since a sole proprietorship represents the owner of the business, you cannot actually transfer a sole proprietorship to someone else. However, you are abl...

Published: Apr 26, 2026

updates

Can you ignore social services?

The answer is no. Children services when making decisions about whether to go to court for a care order, need to consider all the evidence they have. They...

Published: Apr 26, 2026

updates

What age is considered elderly in Sweden?

Health and social care for the elderly are important parts of Swedish welfare policy. Of Sweden’s 10 million inhabitants, 20 per cent have passed the stan...

Published: Apr 26, 2026