culture
How do I report Turo income?
Tax Tips for Turo, Getaround, and Car Sharing These deductions are reported on Schedule C, which is a form that is added on to your regular Form 1040 that...
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local updates
What do I need to fill out a 1099 for a contractor?
Once you know which contractors you paid over $600 to, you will need to fill out Form 1099-NEC. Starting at the upper left box, record your organization’s...
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culture
What do you need to know about the W2 form?
1 W-2 forms reflect income earned from the prior year. 2 Employers use W-2s to report FICA taxes for employees. 3 The IRS uses W-2 forms to track the empl...
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environment
Does Amazon have a facility in Hebron KY?
Today, Amazon broke ground for a new Air Hub located in Hebron, KY at the Cincinnati/Northern Kentucky International Airport. The Air Hub will open in 202...
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technology insights
How do you talk professionally on the phone?
10 tips for answering and handling calls professionally Promptly answer calls. The average ring takes 6 seconds. Be warm and welcoming. Introduce yourself...
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global news
How do I calculate cost basis for a stock spin-off?
Multiply the individual stock proportions by your original cost basis. If your original cost basis was $120 per share and the spin-off receives a 40 perce...
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culture
Do married couples get a reduced state pension?
There are no longer any special state pension arrangements for married couples. These credits will build up qualifying years for the state pension. Altern...
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business
How long do a Canadian have to leave the US before returning?
six months American immigration rules allow Canadians (citizens or legal permanent residents) to stay in the U.S. as visitors for up to six months in any ...
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education
How many vacation hours do you get per year?
If you receive 120 hours per year and are paid weekly, you divide 120 by 52 equaling roughly 2.3 hours of PTO per period. Biweekly is roughly 4.6, semimon...
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technology insights
Do you have to file a 1041 for a revocable trust?
Revocable estates are still owned by the trustee, so they generally do not require a Form 1041 to be filed. If the trustee becomes incapacitated, and a re...
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