Jacob Dayan
CPA
Jacob Dayan is a tax professional at IRS.com with expertise in U.S. federal and state tax law. Their articles are written to help taxpayers understand complex tax topics in plain English.
Articles
Minor Question: Are Minors Exempt From Tax Withholding?
If minors don't get taxes taken out, can I be 18 again?
How to Check if You Owe the IRS Money (And Smart Ways to Negotiate and Pay Them, Including Installment Plans)
"Do I owe the IRS?" Well, it's always a good idea to check.
Who's Got Control of the Control Number on W2 Forms?
So this is like "quality control" but for my income taxes. Better than "Inspected by No. 12."
How to Navigate the (Slightly Simpler) Alternative Tax System: The Alternative Minimum Tax Calculator
There's an alternative to regular taxes? Yeah, paying more.
Procrastinate At Your Own Risk: You Can Go to Jail for Not Filing Your Taxes
Yes. It's how they got Al Capone, right? Boy, I hope no one's googling this on a work computer.
The Real Answer: "I'm a Single Parent: How Many Allowances Should I Put on My Form W-4?"
1 or 0? But the answer is, there's an art to doing your taxes.
Capital Gains Taxes Really Do Apply to Inherited Property: Here's How and How to Minimize Them
It's sad they passed away, but they left you a house. Selling it may hit you with capital gains, but you can minimize them. What a rollercoaster.
How Can You File Taxes Without a W-2 Form? It's Possible, and Here's How to Do Your Taxes Without a W-2
So the ol' "Dog ate my W-2" excuse won't work?
Employers and Employees: Here's Where to Download a Blank W-4 Form for 2023 Tax Year
If you're asking "where's a blank W4?", then you probably have more questions.
Child and Dependent Care Tax Credit Offers Benefits and Care for Caregivers
The Child and Dependent Care Tax Credit is a beneficial tax credit provided by the US government to assist families who have dependents that require care while a parent or guardian completes work-rela…
The CTC's Growing Up: Highlights and Overview of the Child Tax Credit and How the CTC Works
My, how these child tax credits grow! Filing your taxes in 2021, 2022, and 2023 are very different years. (Fingers crossed that the CTC gets a growth spurt for filing in 2024.)
Section 1231 Property, How It Works, And Reporting Them On Your Taxes
Section 1231 of the tax code provides guidance on the treatment of gains and losses derived from the sale or exchange of certain types of property. This section defines “1231 Property” as any deprecia…