updates

Can you receive a tax refund if you are on an installment plan?

Can I receive a tax refund if I am currently making payments under an installment agreement or payment plan for another federal tax period? Answer No, one...

Published: Jul 03, 2026

news

Is property tax deductible in New York?

New York has a new property tax credit. Here’s how to tell if you qualify. ALBANY – New York has created a new property tax credit for homeowners who make...

Published: Jul 03, 2026

general

Do I need QuickBooks if I am self-employed?

Ultimately, if you are looking for federal tax support, QuickBooks Self-Employed is a good option. But remember that this service does not include a state...

Published: Jul 03, 2026

news

Does the transfer of the partnership interest result in a required change in the tax year of the partnership?

For tax purposes, the allocation generally must follow the economics and all tax items must be allocated to partners. Your partnership interest changes du...

Published: Jul 03, 2026

updates

Is there a late fee for estimated tax payments?

Is there a late fee for estimated tax payments? Yes, there is a late fee if you pay your estimated taxes after the quarterly deadline, but you won’t see i...

Published: Jul 03, 2026

general

What kind of questions should I ask a potential client?

It’s important to determine if you’re speaking to and working with the right decision-makers and to understand the entire process for approval on a deal o...

Published: Jul 03, 2026

updates

Who is eligible for aid and attendance?

Veterans who served on active duty for at least 90 consecutive days, including at least one full day during a time of war, may be eligible for Aid and Att...

Published: Jul 03, 2026

updates

How long can you be exempt from taxes?

The IRS gives no maximum time that you can be on an exempt status. You must balance the potential tax bill with the zero interest loan you give the IRS if...

Published: Jul 03, 2026

news

What type of trusts avoid probate?

Discretionary probate trust A discretionary trust is the most flexible of trusts, and the trustees are able to adjust to changes in the circumstances of t...

Published: Jul 03, 2026

updates

Why did my SSN reject my tax return?

If a fraudulent return was filed with your SSN. Identity theft and tax fraud are two of the most concerning reasons for a rejected tax return. If someone ...

Published: Jul 03, 2026