updates
Do you have to file a 940 if you have no payroll?
It’s important to note that not all employers in the U.S. are required to file Form 940… but most are. If you’ve: Paid $1,500 or more in wages to any W-2 ...
Jul 27, 2026 • 1 READS
news
What is maximum 401k contribution with catch-up?
$6,500 401(k) Contribution Limits 2021 vs 2022 2021 Limit 2022 Limit Maximum Employee Contribution $19,500 $20,500 Catch-Up Contributions for those 50 or ...
Jul 27, 2026 • 1 READS
news
How much is the monthly pension in Germany?
Accordingly, married couples receive an average monthly pension packet of 1.961 euros. For single men, the average pension is 1.404 euros, and for single ...
Jul 27, 2026 • 1 READS
news
Do you report mileage reimbursement on a 1099?
Is mileage that was reimbursed and included on 1099 counted as taxable income? Yes, it’s included in your taxable income, because that’s how it’s being re...
Jul 27, 2026 • 1 READS
general
Is income from plasma donation taxable?
To answer shortly, yes, plasma donations are taxable, and they fall under the category of self-employment tax. Especially when you’ve been donating plasma...
Jul 27, 2026 • 1 READS
general
How to report 1099 MISC income on your tax return?
Including 1099 Income on Your Tax Return How you report 1099-MISC income on your income tax return depends on the type of business you own. If you are a s...
Jul 27, 2026 • 1 READS
general
What does the tax bracket tell you?
Tax brackets show you the tax rate you will pay on each portion of your income. For example, if you are single, the lowest tax rate of 10% is applied to t...
Jul 27, 2026 • 1 READS
updates
Where can I get free tax preparation services?
You can also find free tax preparation services through local non-profits if you qualify. The Volunteer Income Tax Assistance (VITA) provides free tax pre...
Jul 27, 2026 • 1 READS
news
How do you show over/under a budget?
First, subtract the budgeted amount from the actual expense. If this expense was over budget, then the result will be positive. Next, divide that number b...
Jul 27, 2026 • 1 READS
updates
Why do you think you have to pay sales tax?
Nearly all states in the U.S. charge sales tax on items sold, California is no different in that regard. Sales taxes go into the general fund to help pay ...
Jul 27, 2026 • 1 READS
