health
Can the IRS take your stimulus check if you owe them money?
The next popular question is, “Can my stimulus check be garnished for unpaid debts?” The answer to this is yes AND no. The new checks cannot be garnished ...
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What is Box 1 on a 1098-T?
BOX 1 of IRS Form 1098-T reports the qualified tuition and related expenses paid during the calendar year. Sometimes this is referred to as qualifed educa...
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How much does it cost to register your business in Texas?
Owners of corporations are shareholders, and managers of the business are directors. For-profit corporations must register with the Texas secretary of sta...
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What tax forms do consultants need to fill out?
If you consult as an individual, you’ll bill your client directly and should receive a form 1099-MISC from any client who pays you more than $600 during t...
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When to write a letter to the IRS?
Contact us. Typically, you only need to contact us if you don’t agree with the information, if we requested additional information, or if you have a balan...
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What are the expenses of a condo?
Recurring Costs: Monthly condominium fees or common expenses (or monthly occupancy fees if you move into your unit before it is registered) Property taxes...
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Are 501c3 organizations financial records public?
Both the IRS and the nonprofit corporation are required to disclose the information they provide on Form 990 to the public. This means that nonprofits mus...
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What do you need to open a new business account?
What Do I Need to Open a Business Bank Account? Social security number or employer identification number (EIN) Personal identification, such as a passport...
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Is Montana real estate a good investment?
The capital of Montana is a safe place to invest in real estate as home values experience consistent increases. Today’s median average is up 10% from last...
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What happens if I never got my first check?
If you didn’t get your first or second stimulus check, don’t worry — you can still claim the payment in 2021 as a tax credit. The stimulus checks are a fe...
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