updates

Can a live in partner be a beneficiary?

Thus, an insured married person cannot name his or her illicit lover or kabit as a beneficiary in his or her insurance policy. It should be pointed out th...

Aug 07, 2026 • 1 READS

updates

Are there still tax credits for solar systems?

The federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar photovolta...

Aug 07, 2026 • 0 READS

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

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

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

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

updates

Can you hire someone based on where they live?

The simple answer to these questions is yes, your employer can making hiring and firing decisions based on where you live. Government employers might also...

Aug 06, 2026 • 0 READS

updates

How is alimony money decided?

If the alimony is being paid on a monthly basis, the Supreme Court of India has set 25% of the husband’s net monthly salary as the benchmark amount that s...

Aug 06, 2026 • 1 READS