updates
Does disability affect employer?
All disability benefits programs affect employers financially, administratively and operationally; therefore, any disability benefits program must meet bo...
Category: Updates
updates
What is Form 1095-C and what do I do with it?
Form 1095-C provides information about the health coverage offered by your employer and, in some cases, about whether you enrolled in this coverage. Use F...
updates
Who is the owner of a LLC LLC?
An LLC can have a wide number of ownership structures. Usually, it’s owned by one or a number of individuals. However, corporations, partnership firms, an...
updates
What box should attorney fees GO 1099?
Attorney fees paid in the course of your trade or business for services an attorney renders to you are reported in box 1 of Form 1099-NEC. Gross proceeds ...
updates
How do you decide how many withholdings should I claim?
Here’s your rule of thumb: the more allowances you claim, the less federal income tax your employer will withhold from your paycheck (the bigger your take...
updates
When do I have to go back to file my taxes?
In most cases, the IRS requires you to go back and file your last six years of tax returns to get in their good graces. And then, to make arrangements on ...
updates
How do I opt out of organ donation in California?
What if I change my mind? You can remove your registration online at any time by visiting Additionally, you can contact us by calling us at 866-797-2366, ...
updates
Do I have to give my caregiver a 1099?
If the caregiver is an independent contractor and is paid $600.00 or more in one calendar year, then the employer would be required to give the caregiver ...
updates
What do I need to know about revocable living trust?
Key Takeaways A revocable living trust is a trust document created by an individual that can be changed over time. Revocable living trusts are used to avo...
updates
Can I gift cash to my sister?
Gifts that are exempt from tax 1) Gifts up to Rs 50,000 in a financial year are exempt from tax. However if you receive gifts higher than this amount, the...
updates
What was the standard deduction for tax year 2017?
$6,350 The standard deduction for 2017 is $6,350 for single taxpayers and $12,700 for married taxpayers filing joint returns. What is the standard deducti...
updates
Can a LLC be set up as a holding company?
LLCs as Holding Companies An LLC can be set up as a holding company, but when it is it will have no operation or function other than owning the other comp...
updates
How do you account for donations given?
For-Profit Accounting Journal Entry In the for-profit world, a company receiving a donated asset will record the donation as a debit to “Fixed Asset” and ...
