business
How do you verify if someone is a CPA?
To confirm that a CPA has an active license, you may contact the State Board of Accountancy where the individual obtained his or her license. This list of...
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technology insights
Who needs to get a 1099 form?
Anyone your business paid $600 or more in non-employee compensation over the year must be issued a Form 1099-MISC. According to IRS guidance, a form 1099-...
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science
How do I get my 1095 form from Medicaid Online?
How to find your 1095-A online Log in to your HealthCare.gov account. Under “Your Existing Applications,” select your 2020 application — not your 2021 app...
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environment
Can you deduct travel expenses if reimbursed?
Your business can deduct qualifying reimbursements, and they’re excluded from the employee’s taxable income. The deduction is subject to a 50% limit for m...
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technology insights
Is qualified mortgage insurance deductible in 2020?
The mortgage insurance premium deduction is available through tax year 2020. Starting in 2021 the deduction will not be available unless extended by Congr...
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science
How do I skip payroll on Gusto?
Skip a payroll for one employee Click the Payroll section and select Run payroll. Select a payroll to run. Next to your employee’s name, click the three d...
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science
Who do I contact about repaying student loans?
The myeddebt.ed.gov website helps student loan borrowers, who are in default, to arrange debt payments. There are multiple ways to contact the Default Res...
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science
Do I have to pay taxes for DoorDash?
No taxes are taken out of your Doordash paycheck. You will file your own taxes on Doordash (and other independent contractor work) income as a business ow...
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business
Can you claim depreciation as a tax deduction?
Claiming a deduction for depreciation Generally, you can claim a deduction for the decline in value of depreciating assets each year over the effective li...
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environment
How does a holding company work for real estate?
The purpose of the Holding Company is to hold the cash earned from the rental properties. Also, the holding company will hold 100% of the shares of the Re...
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