health
Can I claim my ex mother in law as a dependent?
So, it would appear you may file as Head of Household, assuming your mother-in-law meets all the other tests to be a “qualifying relative,” and as long as...
Read Journal Category
Health
health
Is a relocation bonus taxable income?
The short answer is “yes”. Relocation expenses for employees paid by an employer (aside from BVO/GBO homesale programs) are all considered taxable income ...
Read Journal
health
What happens after someone sends you money on PayPal?
With PayPal, you receive money when someone sends a payment to your email address or mobile number. Once that happens, we’ll send you a message letting yo...
Read Journal
health
What makes you a MA resident?
A resident is a person who maintains a permanent place of abode in Massachusetts and spends more than 183 days of the taxable year in Massachusetts. Can y...
Read Journal
health
Do I need to get a new W9 every year?
After they are completed, your vendors’, freelancers’ and contractors’ W-9 forms do not expire. However, the IRS requires them to be replaced when specifi...
Read Journal
health
Where did my husband get a new job?
His new position, in the finance division of a major company, paid a lot less than his last job and we were going to the wall financially. It looked as if...
Read Journal
health
When do you have to pay franchise tax?
A franchise tax is a tax imposed on companies that wish to exist as a legal entity and do business in particular areas in the U.S. In 2020, some of the st...
Read Journal
health
Can I put money directly into my HSA?
Direct contributions: You can choose to add funds to your HSA at any time. While these contributions aren’t tax-free, they can be deducted on your tax ret...
Read Journal
health
Can an S Corp report a loss?
Assuming you actively participate in the operation of your S corporation and you’re not merely a passive investor, if your S corporation suffers a loss in...
Read Journal
health
How can I raise funds for cancer patients?
Online cancer crowdfunding campaigns that seek small monetary donations to help an individual or family cover expensive cancer treatments and chemotherapy...
Read Journal