State Taxes
Guides and necessary documents that you need to file your state taxes. Find customized articles for every state that requires you to pay taxes.
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Rental Property Loss Limitation: What You Need to Know
Navigating the complexities of rental property loss limitation is crucial for landlords looking to optimize their tax filings. The IRS…
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Why Is It Important to Split Sales Between Section 1250, 1245, and 1231?
Selling business property is not just a financial transaction—it’s also a tax event with significant implications. When selling real estate,…
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Are Haircuts Tax Deductions for Self-Employed?
The question of whether haircuts are tax deductions for self-employed individuals often arises when considering business expenses. While self-employed taxpayers…
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Illinois Income Tax “Direct Seller” Exemption
The Illinois income tax “direct seller” exemption provides significant benefits for individuals and businesses involved in direct selling, such as…
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Can I Deduct Bank Fees? A Comprehensive Guide for Taxpayers
Understanding whether you can deduct bank fees on your taxes is essential for both individuals and business owners looking to…
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Where Do I Deduct Outside Office Utilities on Schedule C?
If you are self-employed and wondering, “Where do I deduct outside office utilities on Schedule C?” you’re not alone. Many…
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Do I Pay Taxes in Nebraska for Days I’m Working in Another State?
When it comes to working in multiple states, many individuals wonder about their tax obligations, particularly regarding income earned while…
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Tax Subtraction for Couples in Michigan
In , Michigan’s state tax system offers new opportunities for married couples to reduce their taxable income through specific tax…
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How Resellers Can Properly Claim Taxes: A Comprehensive Guide for Sellers
As a reseller, one of the most important aspects of running your business is understanding how to claim taxes. Whether…
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Allocating Federal Amounts Between Spouses in Maryland
So, what does “Allocating Federal Amounts Between Spouses in Maryland” even mean? In simple terms, it’s about how married couples…