Form 1099-INT, Explained: What Every Box Reports and the $10 Threshold That Decides Whether You Get One
Form 1099-INT reports interest of $10 or more — Box 1 is taxable, Box 3 Treasury interest skips state tax, and the Box 2 penalty is deductible.
#tax-preparation
Tax Preparation
Organize financial records and prepare tax filings accurately and on time
Lacerte vs. ProSeries vs. Drake Tax vs. UltraTax CS: Which Professional Tax Software Fits Your Practice?
Drake Tax and Lacerte tied at 4.4/5 in the 2026 AICPA survey of 1,808 preparers filing IRS returns — match software to your volume and forms.
Refund Anticipation Loans and Refund Advances, Explained: What a 0% Tax-Time Loan Really Costs
A 0% IRS refund advance still costs the prep fee you paid to qualify — and you owe the full advance if your refund comes in short.
Form 1040-SR, Explained: The Large-Print Senior Tax Return, Who Can File It, and the 65-and-Older Standard Deduction Boost
Form 1040-SR is the large-print IRS return for filers 65 and older, with a built-in chart for the $2,000-plus senior standard deduction boost.
How to Check Your IRS Refund Status (and What to Do When It's Late)
The IRS issues most e-filed refunds within 21 days — track yours with Where's My Refund using your SSN, filing status, and exact refund amount.
IRS Publication 334 Explained: The Tax Guide Every Schedule C Filer Should Read Before Filing
IRS Publication 334 is the free tax guide for Schedule C filers: business income, deductions, self-employment tax, and estimated payments in twelve chapters.
Business Tax Software Compared: How TurboTax Business, H&R Block, and TaxAct Handle 1065, 1120-S, and 1120 Returns for Small Entities
TurboTax Business guides first-timers, H&R Block bundles the 1040, TaxAct undercuts both — pick US entity software by forms, e-files, and support.
Never Filed a Business Return? Why the IRS Has No Deadline to Audit You
No return means no time limit: the IRS can assess unfiled years anytime, then bill you through an SFR with zero deductions.
Don't Wait Until January: Start Your Year-End Tax Prep This October
Start year-end tax prep in October: collect W-9s under the IRS $2,000 1099 rule, clean up vendors, reconcile Q3, and calendar every deadline.
Nominee 1099s: What to Do When Income Reported Under Your EIN Belongs to Someone Else
Got a 1099 for income that isn't yours? File a nominee 1099 and Form 1096, then subtract the pass-through on Schedule B or C to avoid a CP2000.
2026 IRS Mileage Rate Midyear Change: How to Split Your Deduction
The IRS raised the 2026 business mileage rate from 72.5 to 76 cents for miles driven from July 1 — date every log entry or you cannot prove the higher rate.
Worked Two Jobs and Overpaid Social Security Tax? How to Get the Excess Back
Two employers over-withheld? Claim excess Social Security tax on Schedule 3, Line 11; a single employer's error needs a W-2c and Form 843 instead.