general
Can I claim mileage from my employer?
As an employee, you can only claim mileage allowance tax relief if you use your own vehicle for company business. If you have a car provided by your compa...
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updates
How do you say thank you for offering help?
Saying Thank You For Helpful Advice “Thanks for agreeing to meet with me. “I really appreciate your willingness to share your knowledge with me. “I was co...
general
What happens to US savings bonds when owner dies?
The bond is part of the estate of the person who died last. The surviving person becomes the owner as if the survivor had been the only owner from the tim...
general
What benefits do you get after 3 years in the Army?
Military Benefits at a Glance A guaranteed paycheck and cash bonuses. Education benefits. Advanced and specialty training. 30 days of annual paid vacation...
general
How do I know if my Social Security number is active?
One way to check an employee’s SSN is to register with the Social Security Administration (SSA) and sign up for SSNVS, a free online service. SSNVS allows...
general
What does recourse mean on K 1?
If you own an interest in a partnership, each year you receive a K-1 form on which partnership activity is reported to you (the partner) for your share of...
general
Can you have a joint trading account?
A joint brokerage account is shared by two or more individuals. Joint brokerage accounts are most commonly held by spouses, but are also opened between fa...
general
What happens to my husbands house if he dies?
Property owned by the deceased husband alone: Any asset that is owned by the husband in his name alone becomes part of his estate. Intestacy: If a decease...
news
Where do I mail my estimated quarterly taxes?
Mailing Address for Estimated Tax Payment (Form 1040-ES) The following group of people should mail their Form 1040- E.S. to the Internal Revenue Service, ...
news
How do you calculate the value of a company by shares?
Listed below are the steps to determine the value per share under the income-based approach: Obtain the company’s profit (available for dividend) Obtain t...
updates
How much money does an author make from book sales?
Self-published authors can make between 40% – 60% royalties on a single book sale while traditionally published authors usually make between 10%-12% royal...
updates
What happens if the owner of a traditional IRA fails to take an RMD for the required amount?
Owners of a tax-deferred individual retirement account (IRA) or another type of retirement account must take required minimum distributions (RMDs) from th...
general
Is joint tenancy and co ownership the same?
Joint tenancy pertains to property ownership in which each party on the title to the property holds an individual interest in the property. They are co-ow...
