education
Do you pay capital gains on reinvested money?
Capital gains generally receive a lower tax rate, depending on your tax bracket, than does ordinary income. However, the IRS recognizes those capital gain...
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Education
education
What are some good questions to ask the IRS?
More taxes are paid, fines must be paid, the Law is broken, all because they lacked proper Tax Planning Information. Reading these questions and answers c...
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education
Why does my W-2 wages not match my salary?
If your Box 1, W-2 amount is less than your salary, it is because you have pre-tax deductions from your salary under one or more employer plans. If you ar...
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education
When do spouses get Social Security disability benefits?
Benefits are payable to your spouse: 1 Age 62 or older, unless your spouse collects a higher Social Security benefit based on their earnings record. The…...
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education
Can I elect to be taxed as an S Corp?
However, an LLC can elect to be treated as an association taxable as a corporation by filing Form 8832, Entity Classification Election. And, once it has e...
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education
Do you have to file taxes if you are over 65?
If you are over the age of 65 and live alone without any dependents on an income of more than $11, 850, you must file an income tax return. If part of you...
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education
Does the federal government control sales tax?
Income taxes (including taxes on individual and corporate income; and for the federal government, deductions from payrolls for social insurance and retire...
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education
Can a child be claimed as a dependent by a divorced parent?
The taxpayer is entitled to claim the child as a dependent or would have been so entitled except that the taxpayer released a claim to exemption for the c...
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education
Can I roll my 401k into a business?
401(k) business financing (also known as Rollovers for Business Start-ups or ROBS) allows you to tap into your retirement account and use that money to st...
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education
When did my mother die of lung cancer?
My mother passed away on September 18 th, 2011. She had suffered with lung cancer for the year and a half prior to her death. Her suffering was long and d...
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