Returns

What methods exist to verify if my tax return was received by the IRS?
Can the IRS tell me if they received my tax return?How long does it take for the IRS to acknowledge your tax return?How far behind is the IRS on pape...
Turbotax estimated taxes 2022
Will there be a 2022 tax return?When can I start my taxes on TurboTax 2022?What is the earliest you can file your taxes 2022?Are 2022 taxes delayed?I...
When will the irs start processing electronic returns
January 24: IRS begins 2022 tax season. Individual 2021 tax returns begin being accepted and processing begins. January 28: Earned Income Tax Credit A...
Irs amended return delay
Why is it taking so long for my amended return?Is the IRS still behind?How long will it take the IRS to process my amended return?Is the IRS taking l...
Net of fees example
For example: After selling his painting at auction for $100, Bob only made a net profit of $50 due to the fees that the company charged to sell it for...
Inventory return process
Accounting for returnsAdding the inventory asset to the balance sheet.Recording the write off in the income statement.Recording and reconciling the re...
Taxact electronic filing
How much does TaxAct charge to e-file?Why can't I Efile my 2021 taxes on TaxAct?Can I efile with TaxAct?Can I file a 2019 tax return electronically?I...
Number of tax returns filed in 2020
The IRS reported that as of December 2021, approximately 152,300,000 tax returns were e-filed for Tax Year 2020 out of a total of 169,098,000 2020 Ret...
Do stores lose money on returns
Many companies see customers' product returns as a major inconvenience and an eroder of profits. After all, product returns cost manufacturers and ret...