No. Per Form 1040X instructions, a refund on an amended return can’t be deposited directly into a bank account. A paper check will be issued. How long doe...

If you’re renting to self-employed individuals, they won’t have a W-2 because they don’t have a traditional employer. A landlord’s next best bet is asking...

Direct sales describes the business model where independent contractors (or representatives or distributors) sell a company’s products and/or services dir...

Social Security disability benefits are rarely terminated due to medical improvement, but SSI recipients can lose their benefits if they have too much inc...

The IRS has ruled in Rev. Rul. 2009-15 that an entity classified as a partnership for U.S. federal tax purposes that becomes a corporation may elect to be...

We now have one Form 593, Real Estate Withholding Statement , which is filed with FTB after every real estate transaction. . Real estate withholding is a ...

In basic terms, a “short sale” is a property the owner has to sell, but the value of the house is less than the mortgage balance. The seller can’t unload ...

Condos are a great investment if you have some critical factors on your side. So, for a full answer, yes, it is completely possible to make a good investm...

If you haven’t received your W-2, follow these four steps: Contact your employer If you have not received your W-2, contact your employer to inquire if an...

Is mileage that was reimbursed and included on 1099 counted as taxable income? Yes, it’s included in your taxable income, because that’s how it’s being re...