updates
How do non profits collect money?
Nonprofits can and do use the following sources of income to help them fulfill their missions: Fees for goods and/or services. Individual donations and ma...
Category: Updates
updates
What can employers reimburse employees for?
Travel Expenses The cost of work-related travel, including transportation, lodging, meals, and entertainment that meet the criteria outlined in IRS Public...
updates
What makes you inadmissible for green card?
The general categories of inadmissibility include health, criminal activity, national security, public charge, lack of labor certification (if required), ...
updates
Can your wife draw off your social security?
The spousal benefit can be as much as half of the worker’s “primary insurance amount,” depending on the spouse’s age at retirement. If the spouse begins r...
updates
Are payments to investors tax deductible?
The IRS allows a deduction for investment interest expenses, which includes any margin interest expense you pay for money borrowed to purchase investments...
updates
Does EDD catch all overpayments?
For non-fraud overpayments, the EDD will offset 25 percent of your weekly benefit payments. For fraud overpayments, the EDD will offset 100 percent of you...
updates
Can IRS debt be inherited?
Even though a loved one may have passed away, the outstanding debt to banks, credit card companies, and the IRS doesn’t go away. Their estate is normally ...
updates
How do I remove my conditional green card?
To remove the conditions on your permanent resident status, you must file a petition within the 90-day period before your conditional Green Card expires. ...
updates
What does it mean when a company matches an IRA contribution?
A matching contribution is a type of contribution an employer chooses to make to their employee’s employer-sponsored retirement plan. The contribution is ...
updates
Can I deduct health insurance premiums for a non dependent?
They can deduct non-dependent medical expenses if their daughter could otherwise be claimed as their dependent except for the gross income test. In genera...
updates
Are annuity distributions to beneficiaries taxable?
Annuity Beneficiaries: Death Benefits & Payout Options. If an annuity contract has a death-benefit provision, the owner can designate a beneficiary to...
updates
What is the difference between a freelancer and employee?
Freelancers and contractors are self-employed, while an employee works for the company. The number of clients. Freelancers take on more than one client at...
updates
Is there a limit on tax deductible donations?
Individuals may deduct qualified contributions of up to 100 percent of their adjusted gross income. A corporation may deduct qualified contributions of up...
