data and analysis
How do you write-off uncollectible taxes?
If you are able to claim the bad debt on your tax return, you’ll need to complete Form 8949, Sales and Other Dispositions of Capital Asset. The bad debt w...
Category: Data And Analysis
data and analysis
What happens to your 401k if you live abroad?
Under most circumstances, approved overseas withdrawals from a 401(k) or U.S. pensions are still taxed as income, albeit they’re treated as unearned incom...
data and analysis
What is a tax bracket in simple words?
Tax brackets show you the tax rate you will pay on each portion of your income. For example, if you are single, the lowest tax rate of 10% is applied to t...
data and analysis
Are amounts owed your company by its customers?
Accounts receivable refers to the outstanding invoices a company has or the money clients owe the company. If a company has receivables, this means it has...
data and analysis
How can I get a copy of my ss4 form?
You can request a replacement copy by calling the IRS Business and Specialty Tax Line. The phone number is (800) 829-4933, and the line is open from 7 a.m...
data and analysis
What is a withholding lock-in letter?
A lock-in letter is an IRS withholding compliance letter informing both you and your employee that the employee has not had enough federal income tax with...
data and analysis
How do you calculate population after 10 years?
Procedure Multiply the initial population by the growth rate. Add the result from Step 1 to the initial population to get the new population after 10 year...
data and analysis
Are there any fun questions for married couples?
Therefore it’s great to have a ready bank of fun questions for couples for a variety of situations – a road trip, chilling on the couch, while having eith...
data and analysis
Can one person control a non-profit?
No one person or group of people can own a nonprofit organization. Ownership is the major difference between a for-profit business and a nonprofit organiz...
data and analysis
Is there a correlation between income and divorce?
New Study Shows Correlation between Income and the Risk of Divorce. According to a recent study, the more money a couple makes, the less likely they are t...
data and analysis
Are pastor honorariums taxable?
An honorarium is considered self-employment income by the IRS and is usually taxed accordingly. How are pastors compensated? Cash compensation includes th...
data and analysis
How much does it cost to register a company in Delaware?
Delaware Incorporation Fees The state fee to incorporate in Delaware is a minimum of $89. This includes your Division of Corporation fees ($50), filing fe...
data and analysis
Does the IRS monitor business bank accounts?
The Short Answer: Yes. The IRS probably already knows about many of your financial accounts, and the IRS can get information on how much is there. But, in...