education and learning
How can I bring peaceful retirement to my parents?
The good news is that there ways that you can help your parents retire so that they can actually enjoy their golden years. It’s time for the talk. Ask for...
Category: Education And Learning
education and learning
What happens if PPP loan is not used?
If you find that you are ineligible for full or partial loan forgiveness you will need to pay back at least some of your PPP loan. If you don’t apply for ...
education and learning
What happens if you send a stimulus check to the wrong bank?
Fortunately per the stimulus legislation a financial institution must return the payment to the IRS. But the process to verify an incorrect account was us...
education and learning
What is temporary adjustment for stimulus payment access?
If at the time your Economic Impact Payment (EIP) or Advance Child Tax Credit (ACTC) payments is deposited (via Direct Deposit or Check) your account has ...
education and learning
When is the last day to claim income tax refund?
For any assessment year, the time period for filing your returns and claiming a refund is the end of the assessment year. Thus, for AY 2019-20, the last d...
education and learning
How does the stimulus check work if you filed jointly?
If you file jointly and your spouse does not have a valid Social Security number (SSN), only the partner with the SSN will receive $1,400 for themselves a...
education and learning
What does it mean to have guardianship of a child?
Legal guardianship is a court order that says someone who is not the child’s parent is in charge of taking care of the child. They can decide where the ch...
education and learning
Why would a taxpayer need to file Form 1040X Amended US Individual Income Tax Return?
A 1040-X form is necessary for an amended tax return that would change a filer’s tax calculations, such as changes to filing status, number of dependents,...
education and learning
How is Social Security tax calculated for married couples?
For married couples filing jointly, you will pay taxes on up to 50% of your Social Security income if you have a combined income of $32,000 to $44,000. So...
education and learning
Does the stimulus check look like junk mail?
As if waiting for a stimulus check to arrive wasn’t frustrating enough, now it turns out some people are throwing their $600 away. Jim Wallace almost toss...
education and learning
What are the methods of payment of tax?
Go to the relevant bank’s counter and submit the filled-in Challan 280 form along with the money. You can make tax payment either in cash or cheque. Howev...
education and learning
How do I start a contract business?
How to Run a Successful Self-Employed Contracting Business Be Sure You Want to Be Self-Employed. Get Financing in Place Beforehand. Create a Business Plan...
education and learning
Do you have to have a bank account to get a stimulus check?
“People do not need a permanent address or a bank account. They don’t need to have a job,” the IRS writes. “For eligible individuals, the IRS will still i...