Nick Charveron is a tax professional at IRS.com with expertise in U.S. federal and state tax law. Their articles are written to help taxpayers understand complex tax topics in plain English.
64 articles published
As a member of a labor union, you may be curious to know if union dues are tax deductible. The answer is yes, but there are some caveats.
You had me at "you might get money if you file, even if you don't have income."
So, it's got some tax advantages, but now my question is "how do you bring this up at dinner?"
I've never thought of doing my taxes a second time - kinda like how I never thought I'd go in for a second root canal. But amended returns can get you more?
Form 8863 is an Internal Revenue Service form used to figure and claim education credits. These credits are based on qualified education expenses paid to an eligible postsecondary educational institut
Real estate investing has some real tax implications. This one is an eye opener!
I didn't realize there was a form for this!
The due date for 1099 forms depends on the type of 1099 you are filing. Generally, Form 1099-MISC is due to the IRS and to the recipient by January 31 of each year. For 1099-NEC, which replaces Form 1
Tax Code 150 "Tax Return Filed" is a code used by the Internal Revenue Service (IRS) to identify transactions related to federal taxes. This code can be found on the tax return, tax liability, transac
Form 8858 is a form used by taxpayers that own foreign entities and are required to report income from these entities on their U.S. tax returns. It is important to note that filing Form 8858 does not
Are you the parent of a full-time student and unsure of your tax filing requirements? Form 8814, Parent's Election to Report Child's Interest and Dividends, is a helpful tool that can assist you in ma
If you’ve ever had income from a partnership with foreign partners involved, there’s a good chance you’ve either come across Form 8805 or you will eventually. While it might sound like something that