Can sole traders access JobSeeker?
Eligibility for JobSeeker Payment A sole trader who is eligible for a payment can meet their mutual obligation requirements during this period by continui...
Category: News
Can you eFile federal and state separately?
Yes, as long as you have already efiled the federal return, you can efile the state return. The federal return must be efiled before you can file the stat...
When do you need a 1099 for debt forgiveness?
Form 1099-C is a tax form required by the IRS in certain situations where your debts have been forgiven or canceled. The IRS requires a 1099-C form for ce...
How do you account for demolition costs?
GAAP determines if demolition costs are capitalized or expensed depending on the following situations: If land and building are purchased with the initial...
What happens if you take your pension early?
The earlier you retire, the fewer years you can save into a pension, and the smaller your pension pot will be. It will also have to last you longer, so if...
When did I buy my first apartment complex?
That junky old house was the first piece of true investment real estate we ever bought. That property kicked off the journey that four and a half years la...
What do I do if someone falsely claimed me as a dependent?
If you know who improperly claimed you or your dependent, you can ask them to file an amended return to fix the problem. This process takes time, though. ...
Does Social Security payments count as income?
Generally, if your Social Security benefits are your only source of income, then they are usually not considered taxable income and thus not taxed. If you...
Do you have to ask questions to get tax deductions?
Many business owners make spending decisions with the hopes that it will be deducted, and yet neglect to ask the question first! According to the IRS, any...
How much do Wag dog walkers make?
Wag cofounder and CEO Joshua Viner told BuzzFeed News that “on average, a walker makes around $17.50 per walk.” Private, professional walkers, however, ca...
