Moving through multiple worksheets can be cumbersome and time consuming. In order to be more efficient and move through related content on multiple sheets, a user can use Excel’s hyperlink feature to speedup the navigation process. Hyperlinks are easy to use and setup.
The tax rules for gifts and related party transactions are very similar and simple. Here is a simple post that outlines the tax rules regarding gains and losses regarding gifts and related party transactions.
Correctly picking the right filing status is extremely important when filing a individual tax return. Filing the incorrect status can negatively impact a tax return. Certain filing statuses are given more leniency than others regarding credits and deductions. It is important to distinguish between each filing status.