Can someone who is legally separated get married?
What Rights do Spouses Have During Separation? In a legal separation proceeding, a court can decide matters such as child custody and support, alimony and...
Category: Local
How are qualified settlement funds taxed?
A qualified settlement fund is a United States person and is subject to tax on its modified gross income for any taxable year at a rate equal to the maxim...
How do I set up payroll in California?
How to Do Payroll in California: Identify which payroll laws affect your business. Apply the four California payroll taxes. Register as an employer. Study...
Are retirement community fees tax deductible?
A deduction equivalent to 30-40% of the entrance fee and/or monthly service fee is not uncommon but this can vary dramatically from one continuing care re...
When Must W-2 and W-3 be filed?
Jan. 31 By law, employers must file W-2 forms and W-3 forms with the SSA by Jan. 31 each year. But since Jan. 31 falls on a Sunday this year, the deadline...
What happens if you miss a 941 payment?
If you file Form 941 late, the IRS imposes a penalty of five percent per month or partial month you are late, up to a maximum of 25 percent. How is intere...
Who files a gift tax return the giver or receiver?
Generally, the answer to “do I have to pay taxes on a gift?” is this: the person receiving a gift typically does not have to pay gift tax. The giver, howe...
Are ROTH IRAS tax free after 5 years?
5-Year Rule for Roth IRA Withdrawals The first Roth IRA five-year rule is used to determine if the earnings (interest) from your Roth IRA are tax-free. To...
What are the disadvantages of a 401k account?
Here are five drawbacks of only using a 401(k) for retirement. Fees. The biggest drawback of a 401(k) plan is they usually come with at least some fees. L...
Does a W4 need a signature?
A lack of signature definitely makes a W-4 form invalid; therefore, have it signed before being part of a company. Nowadays, federal documents like W-4 ca...
