updates
Where do I report patronage dividends?
Most tax professionals will list it as miscellaneous income on a schedule F or other income on form 1040, but that is not always where it should go. There...
Aug 07, 2026 • 1 READS
general
How many small businesses started in 2019?
Characteristic Number of businesses less than 1 year old 2019 770,609 2018 733,825 2017 733,490 2016 733,085 How many jobs did small businesses create in ...
Aug 07, 2026 • 0 READS
updates
Is a business truck an asset?
Fixed assets include property, plant, and equipment (PP&E) and are recorded on the balance sheet. Fixed assets are also referred to as tangible assets...
Aug 07, 2026 • 0 READS
news
What is a nonresident alien employee?
More In File An alien is any individual who is not a U.S. citizen or U.S. national. A nonresident alien is an alien who has not passed the green card test...
Aug 07, 2026 • 2 READS
general
What happens to your tax status when your spouse dies?
Your filing status determines your income tax rate and the amount of your standard deduction. When selecting a filing status, you may qualify for more tha...
Aug 07, 2026 • 0 READS
updates
Do I get a 1099 for a lawsuit settlement?
If you receive a court settlement in a lawsuit, then the IRS requires that the payor send the receiving party an IRS Form 1099-MISC for taxable legal sett...
Aug 07, 2026 • 0 READS
news
How do I show less taxable income?
15 Legal Secrets to Reducing Your Taxes Contribute to a Retirement Account. Open a Health Savings Account. Use Your Side Hustle to Claim Business Deductio...
Aug 07, 2026 • 0 READS
updates
How much money should I have after graduating college?
During college, don’t worry about saving—take everything you have and use it to pay for college and stay out of debt. After college, target to save at lea...
Aug 07, 2026 • 0 READS
updates
Can I copy 1096?
The official printed version of this IRS form is scannable, but a copy, printed from this website, is not. Do not print and file a Form 1096 downloaded fr...
Aug 07, 2026 • 1 READS
updates
How old was my dad when he passed away?
Love your dad before it’s too late. My father passed away on April 23, 2016, due to stage 4 lung carcinoma. It always so painful to think about it. He was...
Aug 07, 2026 • 1 READS
