culture and society
What do I claim on my 1098-T?
A form 1098-T, Tuition Statement, is used to help figure education credits (and potentially, the tuition and fees deduction) for qualified tuition and rel...
Latest Headlines
news
Is third party sick pay on a W-2 taxable?
Third-party sick pay reported in box 12 with Code J is not taxable. (Additionally, a return containing a W-2 with $0 in box 1 will reject if e-filed.) Thi...
health and wellbeing
Are there any other forms like Schedule K-1?
There are actually two more forms that the IRS calls ‘Schedule K-1’: Although these forms are similar, in this guide we’ll focus exclusively on Schedule K...
data and analysis
How is tax planning tool exercised?
How is Tool of Tax Planning Exercised ? Tax Planning should be done by keeping in mine following factors : The Planning should be done before the accrual ...
health and wellbeing
What do I need for a career in public relations?
An expert guide to getting a job in PR Hone your writing skills. Promote yourself. Be careful on social networks. Immerse yourself in the media. Qualifica...
data and analysis
Can you claim depreciation on primary residence?
Primary residence depreciation is a tax deduction that helps you recoup the costs of normal wear and tear or deterioration of your property. But you can o...
news
Do I have to pay taxes on vested RSU?
With RSUs, you are taxed when the shares are delivered, which is almost always at vesting. Your taxable income is the market value of the shares at vestin...
education and learning
When do you have to file tax year?
A “tax year” is an annual accounting period for keeping records and reporting income and expenses. An annual accounting period does not include a short ta...
global affairs
How do I check my discovery benefits?
Simply dial *120*DISCO# or *120*34726# from your cellphone to immediately confirm your KeyCare Plan benefits. Standard USSD rates apply. What is day-to-da...
culture and society
What is the minimum amount for 1099 reporting?
$600 More In Forms and Instructions File Form 1099-MISC for each person to whom you have paid during the year: At least $10 in royalties or broker payment...
health and wellbeing
Do independent contractors work for someone?
Independent Contractor vs. Employee Independent contractors provide goods or services according to the terms of a contract they have negotiated with an em...
news
Who are independent contractors in the United States?
U.S. workers can supply labor to firms either as employees or as independent contractors (ICs): self-employed individuals who typically provide labor serv...
education and learning
How much did Ronald Wayne lose?
Twelve days later, he sold his 10% share of the new company back to Jobs and Wozniak for US$800, and one year later accepted a final US$1,500 to forfeit a...