health
What type of expense is groceries?
Discretionary Expenses So, groceries are a variable expense, but dining out is a discretionary expense. Examples include: Entertainment. What kind of expe...
Read Journal 
global news
What does it mean when it says your card was temporarily authorized?
temporary authorization transaction A temporary authorization transaction is the result of a merchant requesting to confirm that your Prepaid MasterCard C...
Read Journal
technology insights
How much money does a 100 percent disabled veteran get?
VA Compensation Rates: 70% – 100% Without Children Dependent Status 70% Disability 100% Disability Veteran Alone $1,444.71 $3,146.42 Veteran with Spouse O...
Read Journal
culture
How do I report a QCD on a 1099r?
QCDs are not reported separately by the custodian; rather, the distribution is reported through the 1099-R. Unfortunately, there is no code or box on the ...
Read Journal
environment
Can I download my bank statement?
Visit your bank’s website. Log in to Online Banking/Digital Banking/Internet Banking/eBanking etc. Click ‘statements’, ‘e-documents’, or ‘download’ Can I ...
Read Journal
education
Should I have a tax professional do my taxes?
As a general rule, if you’re planning to claim the standard deduction, there’s really no reason to hire someone to prepare your tax return. Now if you’re ...
Read Journal
business
Can a Form 8962 be combined with Form 1095-A?
If individuals in your family were enrolled in Marketplace health plans in different states during the tax year, because the SLCSP is different in each st...
Read Journal
business
How are nonresidents taxed in the state of California?
In contrast, nonresidents are only taxed by California on “California-source” income; that is, income generated in California. If a nonresident has no Cal...
Read Journal
culture
When should you consider an LLC?
If you have business partners or employees, an LLC protects you from personal liability for your co-owners’ or employees’ actions. An LLC gives you a stru...
Read Journal
arts
What is considered ordinary business income?
Ordinary business income includes any earnings your company makes through daily operations. Profit from selling a product or providing a service is ordina...
Read Journal