If you don’t see a return transcript available for download, it likely means that you didn’t file a return for that year, or that the IRS hasn’t processed...

Top Class Actions viewers have been getting paid! Class Members in four class action lawsuits have received their settlement payouts recently. Claimants h...

A cap on taxable earnings has existed since the inception of the Social Security system in 1937. The maximum taxable amount reflects the original purpose ...

Every Business transaction which is to be considered for accounting i.e. every Accounting transaction, has its effect on the fundamental accounting equati...

You can legally take over a mortgage by assuming the original loan, provided you meet the bank’s requirements. An “assumable” loan is secured by a mortgag...

FDIC insurance covers depositors’ accounts at each insured bank, dollar-for-dollar, including principal and any accrued interest through the date of the i...

A legal hold (also known as a litigation hold) is a notification sent from an organization’s legal team to employees instructing them not to delete electr...

three years Three-year time limit. You usually have three years from the date you filed your original tax return to file Form 1040-X to claim a refund. Yo...

Go to the Help menu and select Update QuickBooks Desktop. Go to the Options tab. Select Yes to turn on automatic updates. Tip: If you want to share automa...

When a corporation is dissolved voluntarily, when the articles of a corporation have been canceled, or when the period of existence of the corporation spe...