local updates
Do authors get royalties from eBooks?
Under standard royalties, an author gets roughly 20 to 30% of the publisher’s revenue for a hardcover, 15% for a trade paperback, and 25% for an eBook. Ob...
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technology insights
What is a donation type that a nonprofit business can receive?
There are two types of donations that can be made to a 501(c)(3). A cash donation is the transfer of funds to a nonprofit. An in-kind donation is the tran...
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culture
Do you send 1099 for sponsorship?
Reporting. A sponsor must report more than $600 in nonqualified payments made to a sponsored individual annually by filing Form 1099 MISC with the IRS. Th...
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culture
What is the New York State standard deduction for 2017?
The income tax withholdings for the State of New York will change as follows: The Married standard deduction will increase from $7,900 to $7,950. The Sing...
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global news
What tax return is used by a partnership?
Form 1065 About Form 1065, U.S. Return of Partnership Income | Internal Revenue Service. What type of return is a 1065? informational tax return IRS Form ...
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health
Do you get a W-2 if you only worked a week?
No matter how short a period you worked at a job, you still will need to include a W-2 from that employer to properly file your income taxes. The Internal...
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science
Can you still withdraw from your 401k without penalty?
The legislation allowed people to take distributions of up to $100,000 from their 401(k) accounts or IRAs without having to pay the normal 10% penalty in ...
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arts
Are divorce settlements tax free?
Capital gains and losses related to the dissolution of a marriage or de facto relationship are exempt from capital gains tax. The law also provides for ce...
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culture
How do I file my EDD claim online?
You must first register for Benefit Programs Online to file for unemployment. Create your Benefit Programs Online account. Log In to Benefit Programs Onli...
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arts
What happens if LLC has no operating agreement?
If there is no operating agreement, you and the co-owners will not be suitably equipped to reach any settlements concerning misunderstandings over managem...
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