general
What is an example of an exempt job?
The most common roles considered exempt include professional, executive, outside sales, and administrative. On the flip side, non-exempt employees must be...
Jul 24, 2026 • 0 READS
general
How do I cancel a hotel without being charged?
Call the hotel where you have reservations as soon as you know you need to cancel (it obviously has to be before you are required to check in). Give the c...
Jul 24, 2026 • 1 READS
updates
Are inherited IRA withdrawals taxable?
IRAs and inherited IRAs are tax-deferred accounts. That means that tax is paid when the holder of an IRA account or the beneficiary takes distributions—in...
Jul 24, 2026 • 1 READS
updates
Does Turo report earnings to IRS?
Per IRS regulations, Turo requires all hosts to provide their tax information to Turo. That’s because Turo routes your earnings to you through our marketp...
Jul 24, 2026 • 1 READS
news
What is the withholding rule?
A withholding tax takes a set amount of money out of an employee’s paycheck and pays it to the government. The money taken is a credit against the employe...
Jul 24, 2026 • 1 READS
updates
Does MN charge sales tax on books?
For traditional business owners selling goods or services on-site, calculating sales tax is easy: all sales are taxed at the rate based on the location of...
Jul 24, 2026 • 1 READS
updates
How do I report Global income on 1040?
Generally, you report your foreign income where you normally report your U.S. income on your tax return. Earned income (wages) is reported on line 7 of Fo...
Jul 24, 2026 • 1 READS
news
How do I file a not currently collectible with the IRS?
To obtain currently not collectible status, you may also contact the IRS directly and apply using Form 433-F, Collection Information Statement. When you c...
Jul 24, 2026 • 1 READS
updates
Can a couple file taxes separately?
Married couples have the option to file jointly or separately on their federal income tax returns. The IRS strongly encourages most couples to file joint ...
Jul 24, 2026 • 1 READS
general
Who vs whom in questions?
Whom should be used to refer to the object of a verb or preposition. When in doubt, try this simple trick: If you can replace the word with “he”’ or “’she...
Jul 24, 2026 • 1 READS
