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What forms to include with 1040X?
When you file a 1040X tax form, you might wonder what to include in your amended return….What to include in your amended return A copy of the federal refu...
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Global News
global news
How do I get a bank direct deposit form?
Get a direct deposit form from your employer Ask for a written or online direct deposit form. If that isn’t available, ask your bank or credit union for o...
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Can a 65 year old get a third stimulus check?
The IRS continues to send batches of the third stimulus check. If you’re 65 or older, here’s what to know about qualifications, income, SSI, SSDI and reti...
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Does flood insurance cover broken pipes?
Water damage home insurance covers burst pipes, storms and leaking roofs. What does insurance cover when your basement floods? Flood insurance covers cert...
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What taxes do LLC pay in Michigan?
In Michigan, the corporate tax is a flat 6% of taxable income. If your LLC is taxed as a corporation you’ll need to pay this tax. The state’s corporate in...
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Can I get paid for investment advice?
There are three ways financial advisors get paid: Fee-only advisors charge an annual, hourly or flat fee. Commission-based advisors are paid through the i...
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When to expect notice 1444 for second payment?
Notice 1444-B is the notice for the second payment from December 2020 or January 2021. The only difference is that the B means it’s for the second payment...
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Do you have to change your filing status when you get divorced?
The alternative is to file as married filing separately. It’s the year when your divorce decree becomes final that you lose the option to file as married ...
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How is a house handled in a divorce?
There are three main ways to handle the home: Sell the house and split the proceeds. One ex-spouse keeps the home and refinances the mortgage to remove th...
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What are the penalties for not reporting?
Penalty for Missed Payments Due to Failure to Report The IRS levies a failure-to-file penalty of 5 percent for each part of a month that a return is late,...
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