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Did you make a mistake on your tax return or realize you missed out on a valuable tax deduction or credit? This article includes step-by-step instructions for when and how to amend your tax return using Form 1040-X. ....
Stock options give you the right to buy shares of a particular stock at a specific price. The tricky part about reporting stock options on your taxes is that there are many different types of options, with varying tax implications. ....
When you're a driver for a ridesharing company such as Uber, Lyft, or other car sharing service, the most important thing to understand about your taxes is that you are probably not an employee of a ridesharing company. Drivers for these companies are usually independent contractors, a fact that has tax implications, both at filing time and year-round. ....
If the IRS does decide to audit you, there is little you may do to stop it. You may, however, reduce the odds that you will be singled out for that extra attention in the first place. ....