environment
Is there sales tax on Amazon Prime membership?
Is there tax on Amazon Prime membership fee? Yes, Amazon Prime membership fee is subject to state sales tax. But the tax is not applicable across all stat...
Read Journal 
business
What makes a truck driver a 1099 employee?
That job and all its parameters, including pay rate, would be spelled out in the contract that you and your 1099 employee sign. In trucking, your 1099 emp...
Read Journal
global news
What happens if I take money out of my 401k for a down payment?
Using Your 401k for a Down Payment. There’s no specific penalty exemption for home purchases when you pull money out of a 401k, so any money you take out ...
Read Journal
health
When should I put money in my IRA?
Her verdict: The best time to fund an IRA is January 1st of the tax year. If the money is sitting in an interest bearing taxable account, you will lose so...
Read Journal
business
What is Type A and B Medicare?
Summary: When you qualify for Medicare, it’s usually Medicare Part A and Part B that you’re first enrolled in. Medicare Part A generally helps pay your co...
Read Journal
technology insights
Can someone deposit my tax refund check into my account?
You can direct your refund to any of your checking or savings accounts; you cannot direct your refund to someone else’s account (except for your spouse’s ...
Read Journal
business
Are payroll taxes included in PPP application?
Eligible payroll costs for the PPP are wages where the employer is remitting payroll taxes. From there, you can include your related payroll expenses, suc...
Read Journal
technology insights
When should I see my tax return in my account?
Most taxpayers receive their refunds within 21 days. If you choose to have your refund deposited directly into your account, you may have to wait five day...
Read Journal
local updates
What happens if I give the IRS the wrong account number?
This prevents the Internal Revenue Service (IRS) depositing the refund into the wrong account. In most cases, banks will double-check the name, Social Sec...
Read Journal
global news
What happens to your tax return when your husband dies?
And if you and your husband owned rental property, don’t forget that it qualifies for a step-up in tax basis to its value at the date of his death. That m...
Read Journal