technology insights
How do I record a company purchase in QuickBooks?
Here’s how to record a business expense that was paid for by a partner or owner’s personal funds: Select the Plus icon (+) on the Toolbar. Under Other, se...
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arts
What are the different types of options?
There are two types of options: calls and puts. American-style options can be exercised at any time prior to their expiration. What is the best way to lea...
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arts
Is there a free version of TurboTax for state taxes?
That’s why, for the sixth year in a row, TurboTax is offering free federal and state tax filing with TurboTax Free Edition. TurboTax has helped millions o...
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technology insights
Do I need Turbo Tax home and Business?
TurboTax Home & Business is recommended if: You are self-employed, an independent contractor, a freelancer, a small business owner, a sole proprietor,...
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culture
Is there a tax credit for dependents over 18?
How can dependents between ages 18 and 24 qualify? If you have 18-year-old dependents, they can qualify for up to $500 each toward the child tax credit am...
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arts
What is a better word for figure out?
add up; evaluate (verb) answer, resolve (verb) augur (verb) calculate, estimate (verb) catch sight of; recognize and understand (verb) What does figure ou...
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science
Can I sue a company for losing my money?
In theory, if you have lost money because your broker (or any financial institution) gave you bad advice, mismanaged your investments, misled you in any w...
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education
Should HSA contributions be on W-2?
Short Answer: Both the employer and pre-tax employee HSA contributions made through payroll are reported on the Form W-2 in Box 12 with Code W. Employers ...
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local updates
How do you file taxes when you own your own business?
If you’re a sole proprietor, every year you must file Schedule C (Profit or Loss From Business) with your Form 1040 (U.S. Individual Income Tax Return) to...
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environment
Can a noncitizen get SSA 1042 instead of 1099?
Noncitizens who live outside of the United States receive the SSA-1042S instead of the SSA-1099. The forms SSA-1099 and SSA-1042S are not available for pe...
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