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What is a PTIN fee?
WASHINGTON — The Internal Revenue Service announced today the annual fee for 2021 that tax return preparers must pay to apply for or renew their Preparer ...
Aug 21, 2026 1 views
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What are illegal accounting practices?
Accounting fraud is the illegal alteration of a company’s financial statements in order to manipulate a company’s apparent health or to hide profits or lo...
Aug 21, 2026 1 views
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Where did my son go to college out of State?
My son did a 5 month college internship in New York City his junior year (2015). He then came back to Athens, Ohio and worked at college the rest of the y...
Aug 21, 2026 1 views
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How do you report IRA distributions?
Traditional IRA Distributions Report the total amount of the traditional IRA distribution as the taxable amount of your IRA distribution unless you made n...
Aug 21, 2026 1 views
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Does 1031 exchange apply to businesses?
You can perform a 1031 exchange on the company’s real estate and sell the business to a buyer at the same time. You could also sell only the business’s re...
Aug 21, 2026 1 views
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How do I find my original W-2 online?
Transcript You can get a wage and income transcript, containing the Federal tax information your employer reported to the Social Security Administration (...
Aug 21, 2026 1 views
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How do you depreciate a new roof on a residential property?
Improvements are depreciated using the straight-line method, which means that you must deduct the same amount every year over the useful life of the roof....
Aug 21, 2026 1 views
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Where do I enter NYS 529 contributions?
Where to Enter New York 529 Plan Contributions Navigate to Screen 51.091, New York Modifications. Scroll down to the section New York Subtractions. Enter ...
Aug 21, 2026 1 views
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What counts as a word for 18 month old?
18 month olds should use least 20 words, including different types of words, such as nouns (“baby”, “cookie”), verbs (“eat”, “go”), prepositions (“up”, “d...
Aug 21, 2026 1 views
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How do I fix a mistake on my check?
Pay as Soon as Possible While there is no way to “undo” the legal violation for the underpayment, the best practice is to immediately pay all wages due to...
Aug 21, 2026 1 views
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Is gain on disposal an asset?
The account is usually labeled “Gain/Loss on Asset Disposal.” The journal entry for such a transaction is to debit the disposal account for the net differ...
Aug 21, 2026 1 views
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How does self-employment differ from employment?
Self-employed refers to an individual who works for him or herself, by either owning a business, being a freelancer or is an independent contractor for an...
Aug 21, 2026 1 views
