education
Do I have to file Form 940 if I have no employees?
It’s important to note that not all employers in the U.S. are required to file Form 940… but most are. If you’ve: Paid $1,500 or more in wages to any W-2 ...
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How long does heating oil stay in soil?
It doesn’t degrade over 20 to 30 years and heating oil contamination tends to stay at the tank source. Excavation is the most economical and effective way...
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How to change from a Form 1065 partnership to a single?
The easiest way to accomplish this is by showing that inventory as” removed for personal use” or as compensation to one of the partners. Once the “finaL” ...
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What does an annuity cover?
An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning or l...
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What was mileage rate for 2015?
57.5 More In Tax Pros Period Rates in cents per mile Business Medical Moving 2015 57.5 23 2014 56 23.5 2013 56.5 24 How much per mile is a business expens...
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Can estimated taxes be paid late?
If you miss a quarterly tax payment, the penalties and interest charges that can accrue depend on how much you make and how late you are. The IRS typicall...
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What box does 2 shareholder health insurance?
Health Insurance for S Corporation 2% Shareholders: Reporting to the shareholder. The cost of health insurance premiums paid by the S corporation for a 2%...
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Why did my tax refund get mailed instead of direct deposit?
Why am I receiving a paper check? The IRS limits the number of direct deposit refunds to the same bank account or on the same pre-paid debit card. Because...
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Should I have a tax professional do my taxes?
As a general rule, if you’re planning to claim the standard deduction, there’s really no reason to hire someone to prepare your tax return. Now if you’re ...
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Do founders sign employment agreements?
Founders of technology-based and life sciences startups do not generally enter into “employment agreements” with their companies. That said, founders shou...
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