opinion
Can you legally refuse to pay taxes?
Can I Refuse to Pay Income Tax? No, the federal government and the majority of states have the legal authority to take a portion of your income through a ...
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Opinion
opinion
What is the federal income tax rate for businesses?
21 percent Under current law, corporations in the United States pay federal corporate income taxes levied at a 21 percent rate plus state corporate taxes ...
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opinion
How do I report 2 shareholders to health insurance on 1120S?
Page 16 of the Instructions for Form 1120S states: “Report amounts paid for health insurance coverage for a more than 2% shareholder (including that share...
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opinion
Can I borrow 2000 from my 401K?
Hey, you may be 20 years from retirement, and borrowing from your 401(k) is no problem – you can easily pay the money back. In fact, most 401(k) plans let...
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opinion
What is a good interest rate when financing a car?
The national average for US auto loan interest rates is 5.27% on 60 month loans. For individual consumers, however, rates vary based on credit score, term...
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opinion
How do you receive your tax return?
How long will my tax refund take? Direct deposit into your bank account (this is the fastest way to get your refund). Paper check sent through the mail. D...
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opinion
Can I write off gas mileage to work?
Mileage for self-employed workers isn’t subject to any threshold requirements either. In other words, all miles are deductible regardless of how much a pe...
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opinion
How long do you live with someone for common law?
So you’ve been with your partner for a long time. It’s time to start considering yourselves common-law married, a sort of “marriage-like” status that trig...
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opinion
What are the challenges of financing a new business ventures?
Here are the top five financial challenges facing small businesses this year — and how to overcome them. Lack of cash flow. Managing cash flow is a perpet...
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opinion
Are military personnel exempt?
Of the 17 states that we randomly selected, only two exempt military pay income from taxes, exempting all compensation earned by servicemen, including gua...
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