global news
What type of services does a licensed practical nurse provide?
Licensed practical nurses provide hands-on care to patients under the supervision of registered nurses (RNs) or physicians. Most LPNs provide basic bedsid...
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education
Where do I report nondividend distributions?
Non-taxable distributions are generally reported in Box 3 of Form 1099-DIV. Return of capital shows up under the “Non-Dividend Distributions” column on th...
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culture
Can H4 file i140?
You can file an H4 EAD application with an old employer’s approved i140. It does not matter if you have changed jobs using H1B transfer after the i140 app...
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health
How do you separate a business?
How to Separate Business and Personal Finances Obtain an EIN. Incorporate your business. Open a business bank account. Apply for a business credit card. P...
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global news
Do business partners file taxes jointly?
Partners don’t file joint returns: Each partner takes her share of the business income expenses and reports them individually. Assuming your partnership’s...
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education
Is multi-level marketing considered self employment?
The biggest thing people can be unaware of is that when you sell for an MLM, you’re an independent contractor. One hundred percent of commissions you earn...
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environment
What are total assets on 1120S?
Total Assets – This is a calculated amount by the tax program, consisting of ALL the amounts entered (or automatically pulled) on this Asset Menu. Total A...
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global news
Do you have to claim your daughter on your taxes?
It’s important to understand that if you add your daughter to your health insurance policy, she’ll still be filing her own tax return (since she’s not you...
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arts
Can church contributions be deducted?
When you prepare your federal tax return, the IRS allows you to deduct the donations you make to churches. As long as you itemize your deductions, you can...
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health
When do you get a 1099-R for life insurance?
This means it’s possible to receive a 1099-R even when no taxes are due on the distribution. For example, if you take out a $50,000 loan against a univers...
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