What months are the quarterly reports given to the IRS?
By April 30, July 31, October 31, and January 31 (for the fourth quarter of the previous calendar year) File Form 941, Employer’s QUARTERLY Federal Tax Re...
Category: Updates
How much do small hotel owners make?
The profit, or the money you get to take home, is the money that’s made after all the business expenses are paid off. While the industry is pretty tight-l...
How can I figure out my estimated tax payments?
You can use your prior year tax return as a guide and Form 1040-ES, Estimated Tax for Individuals has a worksheet to help you figure your estimated paymen...
Are dividends payments on common stock guaranteed?
If you own shares of a company’s common stock and that company announces that it will pay a dividend to its shareholders, then you will receive the divide...
Where do savings bonds go after a parent dies?
Generally savings bonds have a beneficiary named but it is not mandatory and a deceased bonds would then go to their estate. Did your father also have a w...
What is a common move in cost for an apartment?
A renter can spend anywhere between $300 and $500 on a move-in fee, more or less. Estimating the move-in fee of a prospective apartment? A good rule of th...
Is an Inc a 1099 vendor?
If your vendor is a corporation (a C Corp or an S Corp) you do not need to issue them a 1099. The exception to this rule is with paying attorneys. If your...
What do you do with a 1099c for a deceased person?
Filing Taxes. For a decedent, the 1099-C income is included on the decedent’s tax return for the tax year it was issued. It is the responsibility of the e...
How do I correct my EIN on TurboTax?
To correct: Please open your return in TurboTax. On the W-2 summary screen, click Edit next to each W-2 on the return and make sure the EIN in Box b exact...
What does FTE 100% mean?
What is 100% FTE? A 100% FTE is the same as a 1.0 FTE — it may point to one person working a full-time schedule or several people fulfilling the duties of...
