Taxes Archives - Stilt Blog

Tax compliance combines the difficulty of navigating complex laws with the challenge of understanding your finances. Especially if you’re still wondering how to file taxes for the first time. Being in debt to the IRS is a stressful position to be in. In the worst-case scenario, you may be wondering, ‘Can the IRS take money […]

Tax season can be the most stressful time of the year. It combines the difficulty of navigating complex laws with the challenge of understanding your finances. The process is even more complex when you are an immigrant because it is not always clear if you are expected to pay U.S. taxes if you are not […]

Tax season can be the most stressful time of the year. It combines the difficulty of navigating complex laws with the challenge of understanding your finances. Not to mention what happens if you don’t file taxes on time. The process is more complex when you are married and filing jointly with your spouse, especially if […]

In many countries, foreign citizens who live and work in the country are also required to pay certain taxes. These kinds of people are called tax residents. Read on to understand what it means to be a U.S. resident for tax purposes and if you are one or not. What Does it Mean to Be […]

At a Glance: The IRS system makes it possible to use this method – for now. Over time, the system may be updated by the IRS. For now, here is the one thing you can do to talk to a real person from the IRS:. Call 1-800-829-1040. If you pay taxes, you may end up […]

At a Glance: Amended tax returns can take up to 16 weeks to be returned to you. To track your ammended return, you go to https://www.irs.gov and click on the “Where’s My Amended Return” category When you make any errors on your tax return, an amended return can be used to fix the issues. A […]

Tax season can be the most stressful time of the year. It combines the difficulty of navigating complex laws with the challenge of understanding your finances. One of the biggest questions for married couples is whether to do their tax filing together or separately. Read on to learn more about the differences between married filing […]

Your income is an important factor to landlords, lenders, and many other institutions and establishments. It’s a determining factor to many things, from the payment you can afford for your health insurance plan to the amount that you can get from a loan or mortgage. In other words, it’s vital to be able to prove […]

Anyone who wants to rent a place, get a credit card, or take out a home or auto loan needs to present proof of income documents. For employed individuals, getting copies of your pay stubs or asking your employer to sign a proof of income letter shouldn’t be too difficult. Even individuals who can only […]

Even if you are self-employed, you still have responsibilities when it comes to your income. Your income should be reported, and in order to do so, you will need a special form known as Form 1099. But what do you do if you don’t have a 1099 form? How to report self-employment income without a […]