Form D-400, NC State Income Tax Return is the state income tax return for NC residents and workers. The same as federal income taxes, you’ll file this tax form in for the income earned between January 1, , and December 31, . While most other states tax their residents based on how much they earned, … Read more
If you’ve ever found yourself wondering, does the IRS work on weekends? you’re not alone. Many taxpayers are curious about whether they can reach the IRS or get updates on their returns and requests during the weekend. While the IRS’s standard working hours are Monday through Friday, the short answer is: no, the IRS doesn’t … Read more
If you’ve ever been eagerly waiting for your tax refund, only to find out that the IRS has delayed it for review, you may be wondering: how long can the IRS hold your refund for review? While it’s natural to want your refund as quickly as possible, there are several reasons the IRS might delay … Read more
If you’re in Ohio and looking to score big savings on back-to-school shopping or other qualifying purchases, the Ohio Sales Tax Holiday is an event you won’t want to miss. This annual event, typically held in early August, provides Ohio shoppers the opportunity to buy a variety of clothing, school supplies, and other items sales … Read more
If you’re wondering how the IRS verifies child dependent care, you’re not alone! The IRS verification process for child dependent care is a key step to ensure that taxpayers are claiming the appropriate credits for eligible children and dependents. When you claim the Child and Dependent Care Credit on your tax return, the IRS requires … Read more
Navigating the intricacies of Jackson County property tax is crucial for homeowners and prospective buyers alike. Understanding how property taxes are assessed, the available exemptions, and the various payment options can help you manage your financial obligations effectively. This guide provides a comprehensive overview of Jackson County property taxes, including tax rates, exemptions, payment methods, … Read more
Planning a wedding is expensive, and when it comes to the honeymoon, many couples wonder if there’s a way to lighten the financial load—cue the intriguing idea of a honeymoon on business expense. At first glance, the concept of turning a romantic getaway into a tax-deductible trip might sound like the ultimate travel hack, but … Read more
When it comes to the tax treatment of business property gains, many taxpayers wonder, “does 1231 override 1245?” The simple answer is no — Section 1245 does not get overridden by Section 1231; instead, it takes priority or “overrides” Section 1231 but only in a very specific way related to depreciation recapture on certain types … Read more
If you’ve ever encountered the phrase “discharge of tax lien,” you know it’s a financial lifesaver—especially for property owners hoping to sell, refinance, or restore peace of mind! A tax lien is the government’s claim against your property when you owe back taxes, and a discharge of tax lien is an official IRS action that … Read more
If you’ve ever sighed at your credit card statement and asked, “Can I write off credit card annual fees?”—you’re definitely not alone. With annual fees becoming more common (and sometimes pretty steep!) on many credit cards offering rewards or premium perks, it’s only fair to wonder if that expense can lighten your tax load. Here’s … Read more
If you’re searching for a rewarding way to break into the world of finance, the Entry Level Tax Preparer Jobs Guide is your ticket to understanding how to land your first role, what employers are looking for, and how to set yourself up for long-term success in tax preparation. Entry level tax preparer jobs are … Read more