media and communication
Is a carpenter an independent contractor?
A construction company may hire independent contractors to help them complete a variety of tasks. They may hire electricians, carpenters, painters or dryw...
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global affairs
Do children have to pay taxes on interest earned?
How much interest income can my dependent child earn before being required to file a return and pay investment income taxes? Either your child must file h...
data and analysis
What is an LLC seal for?
An LLC Seal is a small handheld device that allows you to imprint an official-looking emblem with your company name and the year it was founded on paper, ...
civics and society
What to do if your tax return is wrong?
The IRS holds 1099 and W2 information on file, and it does sometimes correct returns based on known information. If you do need to make a correction, file...
civics and society
What determines a dependent child?
To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test: To meet the qualifying child...
global affairs
Do I need to fill out form 8283?
You must file one or more Forms 8283 if the amount of your deduction for each noncash contribution is more than $500. You must also file Form 8283 if you ...
media and communication
What is the average gross Social Security benefit per month?
Average Social Security check by type Type of beneficiary Percent of total payouts Average monthly benefit All recipients 100% $1,430.73 Retirement benefi...
global affairs
Can people with dementia read signs?
As Alzheimer’s progresses into the middle stages of dementia, most people can still read, but typically this ability will gradually decline over time. Thi...
education and learning
How long can a father take off for paternity leave?
In the U.S., the Family and Medical Leave Act (FMLA) is the only federal legislation guaranteeing leave to care for a newborn, newly-adopted child or an i...
civics and society
Are early IRA distributions subject to penalty?
Generally, early withdrawal from an Individual Retirement Account (IRA) prior to age 59½ is subject to being included in gross income plus a 10 percent ad...
civics and society
Where did my Turbo Tax File go missing?
I found my file in the recycle bin. After opening 2018 turbo tax with their mandatory update, my file was missing. I searched everywhere on my computer ex...
civics and society
Can a live in girlfriend lose her assets?
Another option for preventing a live-in girlfriend from losing access to assets is for the couple to get married. Once the couple is married, all of the a...
health and wellbeing
Do you have to file a 940 if you have no payroll?
It’s important to note that not all employers in the U.S. are required to file Form 940… but most are. If you’ve: Paid $1,500 or more in wages to any W-2 ...