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Can I work remotely in Europe?
The COVID-19 pandemic has pushed companies to offer full-time remote work. This opened new opportunities for those who aspire to the digital nomad lifesty...
Category: News
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How do you set yourself up as a 1099 contractor?
To set yourself up as a self-employed taxpayer with the IRS, you simply start paying estimated taxes (on Form 1040-ES, Estimated Tax for Individuals) and ...
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Is SP 500 an ETF or mutual fund?
Vanguard S&P 500 ETF (VOO) As its name suggests, the Vanguard S&P 500 tracks the S&P 500 index, and it’s one of the largest funds on the marke...
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How much does a corporation have to pay in California?
Every corporation that is incorporated, registered, or doing business in California must pay the $800 minimum franchise tax. How does the state of Califor...
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Can an independent contractor work for more than one company?
Independent contractor agreements should only be used for people working as contractors. Unlike most employees, independent contractors can: Work for more...
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Do I have to pay taxes for DoorDash?
No taxes are taken out of your Doordash paycheck. You will file your own taxes on Doordash (and other independent contractor work) income as a business ow...
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Do you have to pay taxes on a J-1 visa?
J-1 aliens who become U.S. tax residents or change their visa status to other work visa types (other than F, M or Q visa) are subject to Social Security a...
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What is allocation of purchase price in asset sale?
When selling a business, it’s important to allocate a purchase price for the business’s assets. Allocating a purchase price occurs with both stock sales a...
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How much can I gift without tax?
$15,000 The annual federal gift tax exclusion allows you to give away up to $15,000 in 2020 to as many people as you wish without those gifts counting aga...
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Why is my federal return so low?
Your refund could be smaller than you expected if the IRS used it to pay a debt. If you owe any federal government agency money, the IRS can use your refu...
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How long can you stay on a leave of absence?
How Long Can You Take Off of Work in California. In general, a qualified employee can take a leave of absence for up to 12 weeks for serious health condit...
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Are employee contributions to 401k subject to FUTA?
The amounts deferred under your 401(k) plan are reported on your Form W-2, Wage and Tax Statement. Although elective deferrals are not treated as current ...
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What does 0 APR for 12 billing cycles mean?
When a credit card provides 0% APR it means you don’t have to pay interest on purchases charged to it for some specified amount of time—usually between 12...