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How does reimbursement work for business use of vehicles?
The employee can submit a request for reimbursement to the corporation. The corporation can then reimburse the employee based on the standard mileage rate...
Aug 06, 2026 1 views
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Are there limits to how much social security you can earn before you have to pay taxes?
The limit is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child. The limit for joint filers is $32...
Aug 06, 2026 1 views
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Do you pay taxes on mutual fund dividends?
In general, dividends paid by a stock or mutual fund are considered ordinary income and are subject to your normal income tax rate. If your mutual fund bu...
Aug 06, 2026 1 views
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Does my wife get 50 of my Social Security?
You can receive up to 50% of your spouse’s Social Security benefit. You can apply for benefits if you have been married for at least one year. If you have...
Aug 06, 2026 1 views
news
Can F-1 students bring spouse?
As an international student, you may consider bringing your dependents to the United States to live with you. F-1 and M-1 students may be eligible to brin...
Aug 06, 2026 1 views
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How is car and truck expense calculated on Schedule C?
Car and Truck Expenses: There are two methods you can use to deduct your vehicles expenses, Standard Mileage Rate or Actual Car Expenses. To use the Actua...
Aug 06, 2026 1 views
news
How much do you have to pay in installments to the IRS?
The threshold for qualifying for an installment agreement without having to provide financial information was increased from $25,000 to the current $50,00...
Aug 06, 2026 1 views
news
Do blocked messages send as text?
When you block a contact, their texts go nowhere. The person whose number you’ve blocked won’t receive any sign that their message to you was blocked; the...
Aug 06, 2026 0 views
news
Can I amortize business start-up costs?
If your startup expenditures actually result in an up-and-running business, you can: Deduct a portion of the costs in the first year; and. Amortize the re...
Aug 05, 2026 0 views
news
Does W-2 show total earnings?
Your W-2 gives a lot of information, but the most important is that it shows your total income and your salary as taxable wages. If you have pretax deduct...
Aug 05, 2026 0 views
news
How much does an indie author make?
According to data from a new survey from Digital Book World and Writer’s Digest, the median income range for self-published authors is under $5,000 and ne...
Aug 05, 2026 0 views
news
Can I claim my computer as a tax deduction?
If your computer cost less than $300, you can claim an immediate deduction for the full cost of the item. If your computer cost more than $300, you can cl...
Aug 05, 2026 0 views
