culture
Is a carpenter an independent contractor?
A construction company may hire independent contractors to help them complete a variety of tasks. They may hire electricians, carpenters, painters or dryw...
Read Journal 
local updates
What does payment completed mean on TurboTax?
When your file your tax return successfully and you choose to pay your fees from your Federal refund, the TurboTax program considers the fee paid, even th...
Read Journal
health
What is a 1099 INT form and when should you receive it by?
A 1099-INT tax form is a record that someone — a bank or other entity — paid you interest. If you earned more than $10 in interest from a bank, brokerage ...
Read Journal
arts
Does layoff affect pension?
Question: Can I get my pension money if I am laid off? Answer: Generally, if you are enrolled in a 401(k), profit sharing or other type of defined contrib...
Read Journal
business
What are the tax implications of a joint account?
The Tax Implications of Joint Bank Accounts If the interest of a connected joint account and fixed deposit is more than Rs.10,000 per year, the primary ac...
Read Journal
education
Where can I get free tax preparation services?
You can also find free tax preparation services through local non-profits if you qualify. The Volunteer Income Tax Assistance (VITA) provides free tax pre...
Read Journal
arts
Are there any tax breaks for a widow?
I was widowed this year, and a friend told me she heard there are some tax breaks for widows. Can you help? Yes. As a widow, you may file a joint return f...
Read Journal
environment
How do taxes work on a duplex?
Rental income from a duplex is taxed as regular income. You pay according to your ordinary state and federal income tax rate. The Internal Revenue Service...
Read Journal
culture
What does it mean to claim your inheritance?
If you have no living relatives, your estate becomes state property. So, if you have a relative who passed away without a Last Will, you could be entitled...
Read Journal
health
Can a property be inherited jointly by siblings?
While inheritances are generally divided so that each beneficiary gets property they own outright, some pieces of property can be transferred so that sibl...
Read Journal