education
Do Army soldiers pay state taxes?
Active-duty service members file state income taxes in their state of legal residence. Military service members are not required to change their legal res...
Read Journal Category
Education
education
Is there a better app than Poshmark?
Depop works just like any other website for selling clothes. But it makes things more interesting by adding social elements, making it one of the best sit...
Read Journal
education
What happens if your tax return is rejected by the IRS?
When you mail a paper copy of your tax return, the IRS reject codes aren’t applicable. And although the IRS won’t technically reject your return because o...
Read Journal
education
Is a painting company profitable?
Is a Painting Business Profitable? Yes, most painting businesses are profitable thanks to low startup costs and high margins. If your number one goal as a...
Read Journal
education
Can you patent something after you sell it?
Not so in the United States, where U.S. law provides a 12-month “grace period” to file for patent protection after a public use or sale. Even if an invent...
Read Journal
education
How much is EIN tax ID number?
Get a federal tax ID number. Your Employer Identification Number (EIN) is your federal tax ID. You need it to pay federal taxes, hire employees, open a ba...
Read Journal
education
Where do I report investment expenses on 1065?
If the partnership has investment income or other investment expenses, it will report the taxpayer’s share of these items in Box 20 using codes A and B of...
Read Journal
education
Is Schedule 1 tax form required?
Schedule 1 isn’t necessary for all tax filers, but many people will need it. There are two reasons why you might use Schedule 1: You have income that isn’...
Read Journal
education
Is John Smith of Laramie still alive?
Death. Smith died on January 25, 1995 at the age of 63, of cirrhosis of the liver and heart problems. He was cremated, and his ashes were scattered at sea...
Read Journal
education
How does a 1099sa affect my taxes?
The IRS requires you to prepare Form 8889 and attach it to your tax return when you take a distribution from an HSA. However, if your 1099-SA indicates yo...
Read Journal