local updates
Are delivery drivers considered independent contractors?
Proposition 22 allows drivers for app-based transportation (rideshare) and delivery companies to be classified as “independent contractors,” not “employee...
Read Journal 
global news
Can an S Corp not have payroll?
The short answer is “no”, as long as the S Corp makes no distribution to the owner-employee to avoid payroll taxes. The reality is that the IRS cannot req...
Read Journal
education
Can I leave and re enter Canada on a visitor record?
Yes. You can leave Canada and return as long as your visitor visa or Electronic Travel Authorization (eTA) is still valid. If your visitor visa or eTA is ...
Read Journal
environment
What happens if you run out of money when you retire?
Running out of money usually means that you have used up all of your retirement savings and your home equity and are left with whatever income streams you...
Read Journal
local updates
How do you help your sister at home?
Avoid getting angry over sibling rivalry. Schedule some time to spend alone with your parents each week. Ask your parents if you can stay up an hour later...
Read Journal
local updates
What is non-obligated spouse allocation?
If your spouse owes the state of Missouri back taxes, student loan repayment, back child support, etc., you may qualify as a non-obligated spouse. The sta...
Read Journal
environment
Does contributing to 401k lower tax bracket?
Based on your income and filing status, your contributions to a qualified 401(k) may lower your tax bill more through the Saver’s Credit, formally called ...
Read Journal
business
When do you move out of New York State?
If you moved into New York State on any day other than January 1, or moved out of New York State on any day other than December 31, see Filing information...
Read Journal
technology insights
At what age are you no longer responsible for your child?
18 years The age at which a child legally becomes an adult varies from state to state, but in most states that age is 18. Most states that have parental r...
Read Journal
global news
Why did the IRS Send Me a letter asking me to verify my identity?
This letter is to notify you that the agency received a tax return with your name and Social Security number and it believes it may not be yours. The lett...
Read Journal