general
Can sole proprietors deduct startup costs?
Yes, you may be able to deduct your startup business expenses even though you didn’t earn any income. The deduction is reported on Form Schedule C of your...
Jul 21, 2026 • 1 READS
general
What form do you fill out for tax-exempt status?
IRS Form 1023 To apply for tax-exempt status, you must complete IRS Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Int...
Jul 21, 2026 • 1 READS
news
What happens if you Overcontribute to SIMPLE IRA?
Any amount contributed to your SIMPLE IRA above the maximum limit is considered an “excess contribution.” An excess contribution is subject to an excise t...
Jul 21, 2026 • 1 READS
general
Where can I find New York state government payrolls?
The Payrolls section provides a database of names, positions, salaries and/or total earnings for individuals who have been employed by New York State, New...
Jul 21, 2026 • 1 READS
news
How do distributions affect taxes?
Classifying payments as distributions, on the other hand, doesn’t reduce the business’s taxable income, but most distributions are typically payroll-tax-f...
Jul 21, 2026 • 1 READS
news
Can I live in a foreign country and collect Social Security?
If you are a U.S. citizen and qualify for Social Security, you can receive payments while living in most other countries. Under Treasury Department sancti...
Jul 21, 2026 • 1 READS
news
Does a irrevocable trust have to file a tax return?
The irrevocable trust must receive a tax identification number and needs to file its own tax returns. Unlike a revocable trust, an irrevocable trust is tr...
Jul 21, 2026 • 1 READS
general
What government agencies and organizations are involved in addressing Covid 19?
National Government Agencies (NGAs) Bureau of Customs (BOC) Department of Budget and Management (DBM) Department of Education (DEPED) Department of Foreig...
Jul 21, 2026 • 1 READS
updates
When should I see my tax return in my bank account?
Most taxpayers receive their refunds within 21 days. If you choose to have your refund deposited directly into your account, you may have to wait five day...
Jul 21, 2026 • 0 READS
updates
Can I find my routing and account number online?
Find Your Routing Number Using Online Banking Log into online banking. Select an account from The Hub. Click on Account Numbers & More. How do I find ...
Jul 21, 2026 • 1 READS
