general

How are independent contractor wages reported?

If you pay independent contractors, you may have to file Form 1099-NEC, Nonemployee Compensation, to report payments for services performed for your trade...

Sep 22, 2026 0 Views

updates

Is childcare a pre tax deduction?

With a Dependent Care FSA, you use pre-tax dollars to pay qualified out-of-pocket dependent care expenses. The money you contribute to a Dependent Care FS...

Sep 22, 2026 0 Views

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Are gold bars considered collectibles?

Tax Implications of Selling Physical Gold or Silver Physical holdings in precious metals such as gold, silver, platinum, palladium, and titanium are consi...

Sep 22, 2026 0 Views

updates

What is an income generating portfolio?

A diversified portfolio of income-generating mutual funds can include funds that invest in domestic and international stocks; government, municipal, and c...

Sep 22, 2026 0 Views

updates

Can someone steal your generator?

Any downtime can lead to costs adding up quickly. Yet, generators can be stolen or damaged through vandalism. Even large industrial generators that seem t...

Sep 22, 2026 0 Views

news

Do parents pay university tuition fees?

Parents don’t HAVE TO borrow for tuition fees – the fees aren’t for parents to pay for. First-time undergraduates get them paid for by the Student Loans C...

Sep 22, 2026 0 Views

updates

Are commissions a source of income?

As an account manager, you can earn commission on clients you upsell or renew for the year. And in real estate you can get a cut of the money you make sel...

Sep 22, 2026 0 Views

updates

How is RMD divisor calculated?

Locate your age on the IRS Uniform Lifetime Table. Find the “life expectancy factor” that corresponds to your age. Divide your retirement account balance ...

Sep 22, 2026 0 Views

news

Are counselors 1099?

Should you hire additional therapists as a 1099 contractor or W-2 employee? In my private practice consulting experience and based on recent discussions i...

Sep 22, 2026 0 Views

general

How does the energy credit work?

The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the cost of installing a solar energy syst...

Sep 22, 2026 0 Views