general
Why do I have to keep activating TurboTax?
Resolution. This error is caused by the internet connection being unable to establish a connection to our server for license activation. If they’re succes...
Jul 26, 2026 • 1 READS
updates
Is business interest deductible in 2018?
Effective for tax years starting in 2018, a taxpayer’s deduction for net business interest is limited to 30 percent of adjusted taxable income, which is t...
Jul 26, 2026 • 1 READS
general
What Is self-employment tax 2018?
The self-employment tax rate is currently, approximately 15.3%. This rate consists of the two parts mentioned above. Medicare taxes are (2.9%) of earned i...
Jul 26, 2026 • 1 READS
news
How do I add another child to my income tax?
How Do I Claim Someone as a Dependent on Taxes? Step 1: Form 1040/1040A. Use either Form 1040 or Form 1040A to file your income taxes. Step 2: Provide dep...
Jul 26, 2026 • 1 READS
updates
How much does the government take when you sell your business?
If you sell an asset that you’ve held for more than 12 months, the proceeds will be treated as long-term capital gains. The maximum tax rate on capital ga...
Jul 26, 2026 • 1 READS
updates
Does layoff affect pension?
Question: Can I get my pension money if I am laid off? Answer: Generally, if you are enrolled in a 401(k), profit sharing or other type of defined contrib...
Jul 26, 2026 • 1 READS
updates
How are structured settlements paid out?
When the defendant and the plaintiff in a lawsuit agree to settle a claim with a structured settlement, the parties negotiate a cash amount payable by the...
Jul 26, 2026 • 1 READS
news
How do you come back from business failure?
Here are ten steps I took to start over and end up in an even better place: Accept failure happened and learn from it. Actively decide to change. Prioriti...
Jul 26, 2026 • 1 READS
updates
What happens when you receive a Form 1099-C?
The Internal Revenue Service does not say that your debt balance is zero after a Form 1099-C is issued, or even that the bank cannot try to collect after ...
Jul 26, 2026 • 1 READS
general
Are there any tax breaks for a widow?
I was widowed this year, and a friend told me she heard there are some tax breaks for widows. Can you help? Yes. As a widow, you may file a joint return f...
Jul 26, 2026 • 1 READS
