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CPA, Programmer who ride horse weekly
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To properly handle a tax refund from the prior year on your current tax return, especially when using tax software, here's how you can input it manually:Underst...
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Reaching out to gather some insights on the current market rates for federal and state tax return filings. As we gear up for the upcoming tax season, I’m intere...
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A holding company, whether a corporation or an LLC, generally receives dividends from its subsidiaries based on its ownership interest.However, the tax treatmen...
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Dividend distributions to an S-Corporation shareholder are generally referred to as "distributions" rather than "dividends," as S-Corporations typically do not ...
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The Illinois Pass-Through Entity (PTE) tax credit can be a bit tricky to handle in tax preparation software, as not all software programs handle the flow of thi...
