Some people with dementia wander from home on foot and don’t know how to get back. “Someone with dementia symptoms may forget where they’ve walked, and en...
The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% f...
If you’re married by Dec. 31 of the tax year for which you file the return, you can file jointly, whether you were married one month of the year or 12...
To qualify as a passive entity, the entity must be a partnership or trust, other than a business trust, for the entire accounting period on which the tax ...
Order a transcript Online. Taxpayers can use Get Transcript Online on IRS.gov to view, print or download a copy of all transcript types. By phone. Call 80...
Notice: the Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. SBA also offers addition...
Savings Incentive Match Plan for Employees (SIMPLE IRA Plan) You can put all your net earnings from self-employment in the plan: up to $13,500 in 2021 and...
Tax Tips for Turo, Getaround, and Car Sharing These deductions are reported on Schedule C, which is a form that is added on to your regular Form 1040 that...
Home office repairs and renovations Business owners who work from a dedicated home office – meaning it’s not used for any other purpose besides business –...