Read the industry’s latest on all things tax — how tos, tax news, practical tips, industry updates, and everything in between.
IRS Schedule K-1 is a tax form used to report a person's share of income, deductions, credits, and other items from a partnership, S corporation, trust, or estate. This form is used to report…
IRS Schedule C, or Form 1040, is a tax form self-employed individuals use to report their business income and expenses. It is used to calculate a person's net profit or loss from their business…
IRS Schedule A is a form that taxpayers can use to itemize their deductions if they choose not to take the standard deduction. The standard deduction is a fixed dollar amount that reduces the…
IRS Form 1040 Schedule 1 reports additional income adjustments for individuals who are required to file a Form 1040 tax return. This form reports income not reported on the main Form 1040, such…
Facing an IRS audit is a daunting experience. The idea of having your financial records scrutinized by the most feared collection agency, the IRS, can shake anyone to their core. The cost in…
We help you solve your tax issues once and for all so you can get back to your family, your passion project, your business, or maybe even an actual mountain. Whatever it is, it's time to live again.
