culture
Can a corporation be a W-2 employee?
A corporation is a legal entity separate from its owners, so a member of an LLC that is treated like a corporation can receive W-2 income like any other e...
Read Journal Category
Culture
culture
Where to get a 1099 contractor business license?
If you are self-employed, you can start with Form 1040-ES (Estimated Tax for Individuals), and then file the other necessary forms with your 1040 Form dur...
Read Journal
culture
Is a personal loan a gift?
In most cases, you won’t have to pay taxes for a “loan” the IRS deemed a gift. You only owe gift tax when your lifetime gifts to all individuals exceed th...
Read Journal
culture
Can you fund an IRA for someone else?
The IRS is fine with parents and grandparents (and anyone else) giving someone the money to contribute to a Roth IRA. In 2019 the maximum contribution ris...
Read Journal
culture
Can you dispute membership charges?
Contacting Your Bank or Financial Institution You can call, write in, email, or even dispute your transaction online. In the meantime, if more recurring c...
Read Journal
culture
How much to setup LLC in Colorado?
The cost to start a Colorado limited liability company (LLC) is $50. This fee is paid to the Colorado Secretary of State when filing the LLC’s Articles of...
Read Journal
culture
How do I find out where my tax refund went?
Use the Where’s My Refund tool or the IRS2Go mobile app to check your refund online. This is the fastest and easiest way to track your refund. The systems...
Read Journal
culture
Can I still claim my 2016 refund?
Tax Payment Plan Options. Claim Refund Instructions:You can no longer claim a 2016 Tax Refund. Prepare, file your 2016 tax return on paper. Taxes Owed Ins...
Read Journal
culture
Can you fill out a W 9 for someone else?
If you’re a contractor and you get a Form W-9 from an individual or business who is not a client, don’t fill it out. Sending your Social Security Number (...
Read Journal
culture
Can LLC have accountable plan?
Because partners and LLC members aren’t employees, they aren’t covered by accountable plans. But the business can reimburse them for business-related expe...
Read Journal