updates

Can the IRS file a lawsuit against you?

If you have an unpaid tax debt, the IRS can file a lawsuit against you in court if (1) they want to sell your house or (2) they want to get more time to c...

Published: Apr 25, 2026

news

How do you calculate unpaid accrued interest?

First, take your interest rate and convert it into a decimal. For example, 7% would become 0.07. Next, figure out your daily interest rate (also known as ...

Published: Apr 25, 2026

news

Do you have to take distributions from a trust?

A simple trust must distribute all of its trust accounting income (or FAI) annually, either under the terms of the document or under state law. A complex ...

Published: Apr 25, 2026

general

Can you pay off your parents mortgage?

You need to contact the mortgage holder and get the payoff amount, which varies daily based on the principal due and the interest due. Then, on the specif...

Published: Apr 25, 2026

news

What happens if I forgot to sign my income tax return?

What will happen? A printed and mailed federal tax return without a signature will be returned by the IRS to the address shown on the tax return. Sign the...

Published: Apr 25, 2026

general

Can a business owner write off a vacation?

Are you longing to spend some time on a sun-soaked beach, but can’t afford the expense? If done properly, the IRS allows business owners to write off some...

Published: Apr 25, 2026

news

Can you both own the house after divorce?

If you agree to continue to own property/properties with your ex, you should obtain a legally binding consent order. The order should set out who owns wha...

Published: Apr 25, 2026

news

Do you have to pay taxes on photographer?

As a self-employed photographer, you may need to pay your own estimated taxes each quarter. If your income from your photography business is more than $40...

Published: Apr 25, 2026

updates

How do you use API exchange rates?

Simply use the https protocol instead of http in order to connect to the API through SSL. JSONP Callbacks. The JSONP Callbacks is a feature included in th...

Published: Apr 25, 2026

general

Can a minor open a Coverdell?

Coverdell Education Savings Accounts (ESAs) are a type of trust or custodial account to which contributions can be made on behalf of a child younger than ...

Published: Apr 25, 2026