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What does it mean to operate as a sole proprietor?
A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liabilit...
Category: General
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Will my 1099G be mailed to me?
We will mail you a paper Form 1099G if you do not choose electronic delivery by December 27. Form 1099G tax information is available for up to five years ...
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What if I live in Arizona and work in California?
Yes you do: Arizona, as your resident state, gets to tax your world-wide income. California gets to tax your compensation because it was earned there. The...
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Is Singapore CPF taxable in USA?
Your Singapore Central Provident Fund (CPF) is not tax-free in the United States. There is no tax treaty between the U.S. and Singapore. Your contribution...
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Do Uber drivers know if you report them?
There is no risk to you as the passenger to report a driver for any wrongdoing or violation of the terms of service of Uber. The driver is never made awar...
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Is insurance a required employee deduction?
Some mandatory payroll tax deductions that employers are required by law to withhold from an employee’s paycheck include: Federal income tax withholding. ...
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Can an independent contractor be a sole proprietor?
An independent contractor can be any type of business entity (sole proprietor, corporation, LLC, partnership), but most independent contractors are sole p...
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Are employer contributions to 403 B taxable?
Employer contributions (within dollar limitations) are tax-deferred and exempt from FICA. Employee elective contributions to 403(b) plans that are conside...
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Is Hong Kong a former British colony?
British Hong Kong was a colony and dependent territory of the British Empire from 1841 to 1997, apart from a brief period under Japanese occupation from 1...
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How long does it take for the IRS to do a refund trace?
According to the IRS it can take up to six weeks to complete the trace. See this article for more information and how to initiate a trace. How long does a...
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Do contractors pay taxes in Afghanistan?
Multiple agreements signed between GIRoA and U.S. and NATO forces over the years made it clear that U.S. and NATO contractors, as well as their employees,...
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Who are the entrepreneurs in South Africa?
South Africa’s successful entrepreneurs Elon Musk. Elon Musk has made international headlines countless times. Patrick Soon-Shiong. Patrick Soon-Shiong is...
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How long does the taxpayer have to file a petition with the Tax Court for a redetermination of the deficiency?
150 days Taxpayers have a statutory 90-day window from the date of the notice to either agree to the government’s adjustments or file a petition with the ...
