general

Do you pay taxes when you sell a life insurance policy?

You Sell the Life Insurance Policy Fortunately, the IRS doesn’t treat any portion of what you receive for a viatical settlement as taxable. Under IRS code...

Jul 29, 2026 • 1 READS

general

Does New Jersey recognize 401k contributions?

In New Jersey, contributions to a regular 401(k) plan are exempt from income in the year contributed. Therefore, Kiely said, you have no basis in your 401...

Jul 29, 2026 • 1 READS

general

What happens to your taxes if your divorce is not final?

If your divorce is not final by the end of the calendar year, you and your spouse can file still file taxes jointly. Joint returns tax a married couple as...

Jul 28, 2026 • 1 READS

general

How do I find my previous year pin on TurboTax?

Retrieve your IP PIN online at the IRS’s Get an IP PIN site; or. Call the IRS at 1-800-908-4490 to have your IP PIN mailed to you (this can take up to 21 ...

Jul 28, 2026 • 1 READS

general

What is money invested in a company by the shareholders?

Share capital (shareholders’ capital, equity capital, contributed capital,Contributed SurplusContributed surplus is an account in the shareholders’ equity...

Jul 28, 2026 • 1 READS

general

What is an LLC seal for?

An LLC Seal is a small handheld device that allows you to imprint an official-looking emblem with your company name and the year it was founded on paper, ...

Jul 28, 2026 • 1 READS

general

What does business income loss mean on taxes?

What is a business loss? A business loss occurs when your business has more expenses than earnings during an accounting period. The loss means that you sp...

Jul 28, 2026 • 1 READS

general

What happens to a LLC when one member dies?

What happens to a Single Member LLC, once the member of the LLC dies? An LLC can survive beyond the death of its owner. Even if the LLC is not mentioned i...

Jul 28, 2026 • 1 READS

general

What is the difference between 1099-SA and 5498-SA?

IRS form 1099-SA shows the amount of money you spent from your HSA during the tax year. IRS form 5498-SA shows the amount of money deposited into your HSA...

Jul 28, 2026 • 1 READS

general

How long does an IRS wage levy last?

The IRS generally has ten years to collect tax debt, but this period can be extended in some situations. If you are experiencing an economic hardship, you...

Jul 28, 2026 • 0 READS