updates

Can you rollover pension to Roth?

You generally can roll a pension lump sum into a Roth IRA, but that may not be a good idea. Another option is to roll the pension money directly into a tr...

Jul 28, 2026 • 1 READS

updates

How are MLP capital gains taxed?

When you sell an MLP, you will calculate your gain or loss, just as you would with any other investment. Your taxable gain is the difference between the s...

Jul 28, 2026 • 1 READS

updates

Does a 1095-C need to be filed?

You do not need form 1095-C to complete your taxes. Form 1095-C does not get filed with your tax return. Keep a copy of the form with your tax records for...

Jul 28, 2026 • 1 READS

updates

Do independent contractors file taxes?

For tax purposes, the IRS treats independent contractors as self-employed individuals. You’ll need to file a tax return with the IRS if your net earnings ...

Jul 28, 2026 • 0 READS

updates

What is minimum threshold for payout?

Payment thresholds involve two factors: (1) minimum payment – $25, $50, $100, etc. This continues until the accumulated commission is greater than the min...

Jul 28, 2026 • 1 READS

updates

Does getting a new job affect taxes?

But when you change jobs, your new employer must withhold the tax on the amount they pay you up to the wage base, even though you don’t really owe more. O...

Jul 28, 2026 • 1 READS

updates

What falls under qualified improvement property?

Qualified improvement property is an improvement made by the taxpayer to an interior portion of a nonresidential building if the improvement is placed in ...

Jul 28, 2026 • 1 READS

updates

Do you have to pay taxes on self published books?

If your net income (gross revenues less deductions) from writing and self-publishing is $400 or more in any year, you may be required to pay self-employme...

Jul 28, 2026 • 1 READS

updates

Will the COBRA subsidy be extended past September 2021?

The IRS clarified in Notice 2021-31 that for individuals still eligible for the premium subsidy on September 30, the subsidy will not necessarily end on t...

Jul 28, 2026 • 1 READS

updates

What to do after changing jobs?

6 Things to Do When Changing Jobs Give Ample Notice. While the phrase “two weeks’ notice” is often heard, there’s no hard and fast standard for how much l...

Jul 28, 2026 • 1 READS