global news

Why does my tax refund keep going down?

There are several reasons this may happen: The IRS has adjusted your refund amount due to an offset. For tax year 2020, the IRS has suspended the requirem...

Mar 08, 2026 • 1 READS

global news

Can you be gifted a house in Texas?

2 – It’s fairly easy to give your house to someone in Texas. The best way to give away your house is to get in touch with an attorney to draw up the deed ...

Mar 08, 2026 • 0 READS

global news

What to do if you get a missing W-2 form?

You can also mail Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Make sure you file your request by mid...

Mar 08, 2026 • 0 READS

global news

What if my AGI keeps getting rejected?

If your prior year AGI is wrong when you file, the IRS will reject your return. In most cases, when the IRS has rejected your tax return AGI, you can easi...

Mar 08, 2026 • 0 READS

global news

Is it better to do LLC or S corp?

While it may depend on your specific circumstances, in general, a default LLC tax structure is better than an S corp for holding rental properties. This i...

Mar 08, 2026 • 0 READS

global news

How do I find my Schedule C business code?

How can I find a specific Business Activity Code for the Schedule C in the 1040 package? To enter a principal business or professional activity code for a...

Mar 08, 2026 • 0 READS

global news

How does making a gift affect your taxes?

Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (othe...

Mar 08, 2026 • 0 READS

global news

Can an EA be a tax manager?

An enrolled agent, or EA, is a kind of tax professional who focuses narrowly on managing tax arrangements for business or private entities. EAs boast a wi...

Mar 08, 2026 • 0 READS

global news

Can I get pre approved for a mortgage in another state?

Pre Approve for a Mortgage The answer is no, particularly not if you’re moving out of state and particularly if you’re a first-time homebuyer. The process...

Mar 08, 2026 • 0 READS

global news

Is HVAC considered building improvement or equipment?

As of Jan. 1, 2018, new and used heating, ventilation and air-conditioning property are now qualified as Section 179 expenses by the IRS. Before 2018, HVA...

Mar 08, 2026 • 0 READS