education and learning
How do I get the most out of being an independent contractor?
Top 6 Tips for Success as an Independent Contractor: 1) Determine Your Business’ Legal Structure. 2) Create a Plan for How to Run Your Business. 3) Assess...
Category: Education And Learning
education and learning
What is the difference between 1098-t and 1099-Q?
Answer: It depends. The 1099-Q will have the SSN of the person to whom the distribution was paid. The 1098-T will have the student’s SSN. You would report...
education and learning
What happens if my spouse does not pay the IRS?
If you’re married filing jointly and your spouse doesn’t pay the IRS, then you could be on the hook unless you take these steps. Free Debt Analysis Contac...
education and learning
How does a new business pay employees?
Hourly wages are based on an hourly rate. The employee’s pay is determined by how much time they work during a pay period. You might decide to pay a new h...
education and learning
How many tax returns are the IRS holding?
IRS is holding millions of tax returns, delaying refunds. The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many A...
education and learning
How do I file my DoorDash taxes without a 1099?
Where do I put my 1099 and Doordash income on my taxes? You do not list your 1099 income on your 1040 form. Instead you will add it in with any other self...
education and learning
How much do you actually get after winning the lottery?
The federal government and all but a few state governments will immediately have their hands out for a bit of your prize. The top federal tax rate is 37% ...
education and learning
Can you live in New York on 50K?
50K would be around 3K/month after taxes. Of course you can live on that, but you’ll have to restrict expenses. When I just came to New York, I lived at m...
education and learning
Can a parent get paid to take care of autistic child?
For qualified families, the state of California has a program called In-Home Supportive Service (IHSS), which pays an individual caregiver to stay home an...
education and learning
Can I live in a foreign country and collect Social Security?
If you are a U.S. citizen and qualify for Social Security, you can receive payments while living in most other countries. Under Treasury Department sancti...
education and learning
When to use Married Filing Jointly tax form?
You can use the married filing jointly filing status if both of the following statements are true: You were married on the last day of the tax year. In ot...
education and learning
What AGI is poverty level?
Tax credits can be taken in advance, based on of the Federal Poverty Level, and are adjusted on form 8962 at the end of the year….A Quick Look at the Fede...
education and learning
Can you extend it-204-LL?
There is no extension of time to file Form IT-204-LL or pay the annual fee. If you fail to timely file Form IT-204-LL, or fail to pay the full amount of t...