Category: Updates

Did Eskimos have alcohol?

Canadian Inuit populations differ from others in numerous ways, including their use of alcohol. Although Inuit people drink less frequently, they binge dr...

How do I import a 1099-B?

You can either wait until prompted by TurboTax to import your brokerage statements (e.g., Form 1099-B or Form 1099-DIV), or you can go directly to the imp...

Are corporation subject to AMT?

The Tax Cuts and Jobs Act repealed the AMT on corporations. Conforming changes also simplified dozens of other tax code sections that were related to the ...

Does gifting reduce your taxes?

Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (othe...