education and learning
Can a W-2 employee incorporate themselves?
Sole proprietors can legally pay themselves by issuing draw checks from their business checking accounts. Draw checks are not the same as paying salaries ...
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health and wellbeing
Are craft sales taxable?
Craft items are taxable as goods. If you teach a class on making your craft, teaching is a service and wouldn’t be taxable. Other states tax both goods an...
civics and society
Can a US resident file for a child?
Lawful permanent residents can only file Form I-130 for an unmarried son or daughter (any age). Immigration law assigns these relationships to the family ...
education and learning
Can college students fill out FAFSA?
Students must submit the FAFSA to access federal financial aid — grants, scholarships, work-study and federal loans — as well as certain state and institu...
news
How much does a corporation have to pay in California?
Every corporation that is incorporated, registered, or doing business in California must pay the $800 minimum franchise tax. How does the state of Califor...
science and technology
Can a church pay FICA for a minister?
Churches must not pay FICA for anyone who is a Minister for Tax Purposes. Some churches want to help their ministers with the burden of SECA taxes. They m...
education and learning
How long can a US citizen live outside the US?
International Travel U.S. Immigration law assumes that a person admitted to the United States as an immigrant will live in the United States permanently. ...
news
Can an independent contractor work for more than one company?
Independent contractor agreements should only be used for people working as contractors. Unlike most employees, independent contractors can: Work for more...
education and learning
How much can a freelancer make before paying taxes?
What is self-employment tax? If you earn $400 or more in a year as a freelancer from any single employer, the Internal Revenue Service considers you self-...
culture and society
What are the three types of kinship provided by relatives care?
Kinship care arrangements fall roughly into three categories: (1) informal kinship care, (2) voluntary kinship care, and (3) formal kinship care. Informal...
civics and society
Is there a copy of the 2017 Form 1099-R?
2017 Form 1099-R Attention: Copy A of this form is provided for informational purposes only. Copy A appears in red, similar to the official IRS form. The ...
data and analysis
What happens to property when someone dies in Georgia?
Whenever a Georgia landowner dies intestate, title to the deceased’s intestate property automatically passes (or “descends”) to his or her heirs by operat...
education and learning
Do professional traders use CFDs?
Professional traders employed by investment banks or trading companies are able to utilise CFDs for speculation or hedging purposes. In this instance thei...