current events
Are EIN numbers public record?
Your employer identification number (EIN), or FEIN, allows you to do business and report financial information to the Internal Revenue Service. However, a...
Mar 05, 2026 • 0 READS
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current events
Which is the correct way to fill out a W-4 Form?
In this step, the form notes that individuals with multiple jobs should complete Form W-4 with the information from their highest-paying job. That should ...
Mar 05, 2026 • 0 READS
current events
How much should Consultants set aside for taxes?
Because freelancers must budget for both income tax and FICA taxes, you should plan to set aside 25% to 30% of your taxable freelance income to pay both q...
Mar 05, 2026 • 0 READS
current events
Is monthly income from a trust taxable?
When trust beneficiaries receive distributions from the trust’s principal balance, they do not have to pay taxes on the distribution. The trust must pay t...
Mar 05, 2026 • 0 READS
current events
Can I return an item for a full refund?
Can you exchange or get a refund without a receipt? If you simply change your mind, the retailer has no legal obligation to give you your money back, shou...
Mar 05, 2026 • 0 READS
current events
Why did I receive an IRS IP PIN?
A1: The IRS IP PIN is a 6-digit number assigned to eligible taxpayers to help prevent the misuse of their Social Security number on fraudulent federal inc...
Mar 05, 2026 • 0 READS
current events
How many houses were sold in the US in 2020?
5.64 million 5.64 million existing homes were sold in 2020, according to data from the National Association of REALTORS®. 822,000 newly constructed homes ...
Mar 05, 2026 • 0 READS
current events
What do I do if I forgot my IRS username and password?
If yours is not and you can’t remember it, select Forgot User ID from the PTIN system login page. Your user ID will be emailed to you. Password: Passwords...
Mar 04, 2026 • 0 READS
current events
Do you issue a 1099 for goods purchased?
A 1099-MISC is only required for purchases of services from unincorporated entities. PPACA would have expanded this to include purchases of goods and purc...
Mar 04, 2026 • 0 READS
current events
Who needs a pub 972?
Be a U.S. citizen, resident alien, or national—more information on residency requirements can be found in IRS Publication 519; Have lived with the taxpaye...
Mar 04, 2026 • 0 READS