news
How do I start a self employed business?
Here’s what you need to know to start and build a successful business as a self-employed contractor. Be Sure You Want to Be Self-Employed. Get Financing i...
Jul 29, 2026 • 1 READS
updates
Will Mass Save have rebates in 2021?
Customer Eligibility: You must be a residential natural gas heating customer of Berkshire Gas, Eversource (MA Only), Liberty (MA Only), National Grid (MA ...
Jul 29, 2026 • 1 READS
news
Are Insurance Agents 1099 employees?
All the agents sign an agreement stating they are independent contractors rather than employees. All the agents file their taxes as independent contractor...
Jul 29, 2026 • 1 READS
updates
What is reported on an estate tax return?
The executor of the estate is responsible for filing a Form 1041 for the estate. The return is filed under the name and taxpayer identification number (TI...
Jul 29, 2026 • 1 READS
general
What changed on w4 for 2020?
Major Changes to the 2020 Final Form W-4 Include: Number of withholding allowances eliminated. New Marital Status – Head of Household (with associated tax...
Jul 29, 2026 • 1 READS
updates
How does a SEP work for self-employed?
A SEP IRA is a type of traditional IRA for self-employed individuals or small business owners. Contributions, which are tax-deductible for the business or...
Jul 29, 2026 • 1 READS
general
Do you have to pay tax on rental income?
Generally, the payments you get from renting out property are income. You need to pay tax on rental income in the year it’s earned. It’s also important to...
Jul 29, 2026 • 1 READS
general
What is advance assessment in taxation?
Advance tax: You need to pay advance tax if you are a salaried taxpayer with other sources of income like interest on deposits and your tax liability for ...
Jul 29, 2026 • 1 READS
general
What are the tax requirements for donating property?
The American Jobs Creation Act of 2004 created additional reporting requirements for individual taxpayers making noncash charitable contributions. This we...
Jul 29, 2026 • 1 READS
updates
Do foundation repairs increase home value?
In most cases, it’s worth the investment to have the repairs done before you list the home. Then both parties can negotiate the home’s sale price, with al...
Jul 29, 2026 • 1 READS
