updates
Is a nonprofit corporation a 501c3?
Actually, no! These terms are often used interchangeably, but they all mean different things. Nonprofit means the entity, usually a corporation, is organi...
Jul 23, 2026 • 1 READS
news
When would you use a subcontractor?
Hiring subcontractors allows your business more flexibility than if you were to hire new, permanent employees. Rather than bringing them on for long term ...
Jul 23, 2026 • 1 READS
news
What is spousal bypass trust?
A spousal bypass trust is a discretionary trust which is set up by the member/pensionholder to receive pension death benefits. At the same time an express...
Jul 23, 2026 • 1 READS
general
How do I set up a toll free number?
You can contact a RespOrg if you want to obtain a toll free number. If you need help locating a RespOrg, call or text the Somos Help Desk at 1-844-HEY SOM...
Jul 23, 2026 • 1 READS
updates
How long are Montana tax refunds taking?
The Montana Department of Revenue says that if you file your return in January, it may process your refund within a week. However, you may wait up to eigh...
Jul 23, 2026 • 1 READS
news
How do I get TurboTax free instead of Deluxe?
Change from turbotax deluxe to free version? If you haven’t already done so, sign in at TurboTax.com and select the blue Take me to my return button. On t...
Jul 23, 2026 • 1 READS
general
How much do you have to make with Uber to file taxes?
Do you have to report Uber income? For the majority of you, the answer is “yes.” If your net earnings from Uber exceed $400, you must report that income. ...
Jul 23, 2026 • 1 READS
news
Does the company submit a company tax return?
A company tax return, also known as the CT600 form, is filed by companies or associations to report their spending, profits and corporation tax figures to...
Jul 23, 2026 • 1 READS
updates
When can you claim 4th self employed grant?
This guidance has been updated with information about the fifth SEISS grant. Claims for the fourth grant have now closed. The last date for making a claim...
Jul 23, 2026 • 0 READS
news
Are there annual fees for an S Corp?
The annual tax for S corporations is the greater of 1.5% of the corporation’s net income or $800. Note: As of January 1, 2000, newly incorporated or quali...
Jul 23, 2026 • 1 READS
