Generally, you can expect the IRS to impose a late payment penalty of 0.5 percent per month or partial month that late taxes remain unpaid. If the 1099 income you forget to include on your return r...
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The hope is the value of the shares will go up and you’ll be able to sell them for (much) more than you paid. Exercising stock options means purchasing sh...
Do I Need to File Taxes in Two States? In general, if you’re working remotely you’ll only have to file and pay income taxes in the state where you live. S...
Before leaving a full-time job for a contract position, a candidate considers their risk. In some cases, the good qualities of contract work outweigh the ...
I’ll elaborate on the reasons below, but if you own a rental property and want to protect your personal assets, starting an LLC is definitely something yo...
An annuity contract funded with pre-tax dollars is a qualified annuity. Qualified annuity contracts are available through IRAs, and some employer 401(k)s,...
AMT Acronym Definition AMT Amount AMT Aircraft Maintenance Technology (magazine) AMT Aviation Maintenance Technician AMT Amtrak What is short form for con...
three years Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additiona...
Contractors don’t need employment rights, but situations do arise where a long-term relationship between a contractor and a client starts to resemble havi...
Number sense refers to a group of key math abilities. It includes the ability to understand quantities and concepts like more and less. Some people have s...
Given the financial hardship many Americans faced as a result of the COVID-19 pandemic, the CARES Act provided many avenues of financial relief for indivi...
The Good Things About Debit Cards Debit cards work like cash, so you don’t accrue debt. You don’t make any monthly payments. You don’t pay interest. There...
A person who employs or retains an attorney to represent him or her in any legal business; to assist, to counsel, and to defend the individual in legal pr...