148 guides, built from the primary documents. Pick a topic to filter.
If you have not filed taxes in 3 to 5 years, the years you owe pick up penalties and interest, and the IRS can build those returns for you from the W-2s and 1099s it already has. Years that would be refunds...
Read the guideAll guides148 published
You can go to jail for not filing taxes, but it is rare and reserved for people who knew they had to file and deliberately didn't. For most people, the...
Yes — a self-directed IRA Roth conversion is allowed, and the self-directed part changes nothing about the tax. Whatever you convert is added to that year's income. What matters is...
Truck driver tax deductions start with one number: as a self-employed owner-operator you can deduct $64 for every full day away from home in 2026 — 80% of the $80...
Portugal taxes for expats work like this: if you retire there you file in both countries, but the U.S.–Portugal tax treaty credits one country’s tax against the other’s, so you...
South Carolina vs North Carolina taxes for retirees come down to your pension type: an older federal or North Carolina government pension (one you had five years toward by 1989)...
Florida residency requirements for taxes are short: Florida has no income tax, so it asks almost nothing of you. The test that matters is your old state's. It decides whether...
The best states to retire for taxes are the ones that leave retirement income alone: Florida, Texas and Nevada tax none of it, and Pennsylvania and Illinois tax income but...
Yes, keep them — every receipt, invoice, or statement that proves a business expense, for at least 3 years after you file. That is the plain answer to what receipts...
Yes — the Augusta rule is real. In 2026 you can rent your home to your own business for up to 14 days, let the business deduct the rent, and...
Can you write off gas on your taxes? Yes — if you're self-employed and the driving is for business. But you never deduct gas by itself. You either take the...
Yes — 1099 tax write offs are real, and for a gig worker in 2026 the biggest one is usually your car: 72.5 cents for every business mile you drive....
