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Can a parent gift money to child?

When you gift money to your children, the amount you give is classified as your ‘allowable disposable income’. They’ll also apply deeming and include the ...

Jul 24, 2026 • 1 READS

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Do I have to file if FATCA is not checked?

Absolutely, you must report all income. The FATCA box, if checked, indicates that the interest was from a foreign financial institution and requires speci...

Jul 24, 2026 • 1 READS

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How long does it take for EDD to pay after certification?

Once you receive your debit card, payments should be posted to your card about three days after we receive your certification. Benefit payments by check w...

Jul 24, 2026 • 1 READS

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When do I have to report payments to an independent contractor?

For each independent contractor you paid $600 or more during the year, you must report the total amount paid on Form 1099-NEC, beginning with the 2020 tax...

Jul 24, 2026 • 1 READS

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How do startups distribute stocks?

Dividing equity within a startup company can be broken down into five simple steps: Divide equity within the organization. Divide equity among company fou...

Jul 24, 2026 • 1 READS

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What is your payer federal ID number?

PAYER’S federal identification number is most likely your personal Social Security Number. It could be your Employer Identification Number, but if you are...

Jul 24, 2026 • 1 READS

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How long after acceptance do you get your tax return?

Typically, the IRS expects to issue nine out of 10 tax refunds within 21 days after acceptance. However, we are seeing delays from this normal timing. Mai...

Jul 24, 2026 • 1 READS

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What happens when you receive money from GoFundMe?

GoFundMe gets your funds to you quickly because we know that many fundraising needs are time-sensitive. You can set up withdrawals and add your bank accou...

Jul 24, 2026 • 1 READS

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What is a small group employer?

Currently, all states define their small-group insurance markets as employers with up to 50 employees. Under the Affordable Care Act, beginning in 2016, t...

Jul 24, 2026 • 1 READS

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What do you need to know about a 1099-S?

A form 1099-S is a tax document used to ensure that the full amount received for a real estate sale of some kind is accurately reported. When real estate ...

Jul 24, 2026 • 1 READS