education and learning
Can you establish residency in two states?
Yes, it is possible to be a resident of two different states at the same time, though it’s pretty rare. Filing as a resident in two states should be avoid...
Latest Headlines
environment and climate
Do I have to report my SSI on my taxes?
Supplemental security income (SSI) payments are NOT taxable, and thus do not need to be reported on your tax return. See IRS Publication 915 Social Securi...
global affairs
Does CapCut support 4K?
What is an actual shortcoming however if you are after the highest possible quality is the fact that CapCut lacks support for UHD/4K export. While you don...
global affairs
Why am I locked out of my TD Ameritrade account?
ACCOUNT LOCKED: For the security of the client, this account has been locked out due to four unsuccessful login attempts. To unlock the account, please ca...
culture and society
When is it better to file taxes jointly or separately?
In some instances, love doesn’t have a place in your tax return. While most married couples file joint tax returns, filing separately may be better in cer...
education and learning
Can you still file a late 2016 tax return?
Can I still file a late 2016 tax return? Yes you can still file a 2016 tax return. If you owe taxes, you will be subject to penalties and interest for lat...
data and analysis
How much does an employee have to make before issuing a W-2?
If you made more than $600, your employer should send you a W-2 form. Employers have to issue each employee who earned at least $600 a W-2 form each year....
education and learning
Why did my medical insurance send me a check?
A health insurance company would send you a check for a number of reasons. It could be a refund of an over-payment you made. It could also be because of a...
data and analysis
What kind of taxes do you do as an accountant?
Preparation of monthly or quarterly sales tax, gross receipts tax, premiums tax, and other returns. Preparation of US federal, state, and Canadian income ...
civics and society
What is titled property?
Title is the legal way of saying you own a right to something. For real estate purposes, title refers to ownership of the property, meaning that you have ...
data and analysis
How do I report babysitting income?
Any self-employed income you receive from babysitting – in excess of a net $400 per tax year – must be reported at tax time on Form 1040, Schedule C or Sc...
civics and society
Can a LLC elect to be a S corporation?
An LLC may to elect to be an S corporation only if it meets all the following tests. It is (a) a domestic corporation, or (b) a domestic entity such as an...
media and communication
What do independent schools offer?
Grounded in academic excellence, independent schools offer a tailored, student-focused, holistic education that has the flexibility to get the best out of...