environment and climate
Is employer 401k match subject to FUTA?
The amounts deferred under your 401(k) plan are reported on your Form W-2, Wage and Tax Statement. Although elective deferrals are not treated as current ...
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science and technology
Is there money in building spec homes?
While you may not get to choose every detail of a spec home, this option can offer excellent value for money. Many high-end items you find in spec homes t...
news
Can you undo an IRA contribution?
You might have made a contribution early in the year and subsequently been laid off, discovering that your contribution exceeded your yearly income. IRA c...
news
Is videography taxable in Texas?
In Texas, sales of photographs provided to customers as physical prints or as a digital or electronic image, are taxable. Tax is due on the labor charge a...
news
Does it matter when a w9 is signed?
The certification instructions on the W-9 form state that generally for “payments other than interest and dividends, you are not required to sign the cert...
science and technology
Can you gamble online in Connecticut?
How will it work? By September, bettors in Connecticut can go online to gamble on sports teams at the state’s two casinos or through the state lottery. Ea...
education and learning
Should you claim personal exemption?
Should you claim a personal exemption for yourself and for your spouse on your return? Generally, tax exemptions reduce the taxable income on a return. If...
science and technology
Which bank has a Euro account?
Starling Bank Euro The Starling Bank Euro account is perfect for those who only need to bank in two currencies; those currencies being euros and pounds. C...
global affairs
Can I give 30000 as a gift?
Annual exemption You can give away a total of £3,000 worth of gifts each tax year without them being added to the value of your estate. This is known as y...
news
What taxes do expats have to pay?
Most expats do not pay US expat taxes because of the Foreign Earned Income Exclusion and Foreign Tax Credit benefits. However, expats still need to file t...
media and communication
How do I know if tax overpaid?
If the payments made exceed the amount of tax liability, the amount of the overpayment is shown on the applicable line in the Refund section of the Form 1...
news
Can I work remotely in Europe?
The COVID-19 pandemic has pushed companies to offer full-time remote work. This opened new opportunities for those who aspire to the digital nomad lifesty...
health and wellbeing
Can a defendant claim expenses?
You can only claim certain costs against your opponent if you win in the Small Claims Court. These are known as “Fixed Costs”. They include any court fee ...