When an employee is working outside of the state where the employer operates the employer may be responsible for the other state’s taxes, including income...

According to IRS guidelines, it is possible to have a W-2 employee who also performs work as a 1099 independent contractor so long as the individual is pe...

Most sales commissions are a selling expense, and so should be reported on the income statement as part of operating expenses. If earned by a company, sal...

You can’t simply deny an application and expect the applicant to not question your decision. You will need to let the applicant know that you will not be ...

California is an at-will state meaning that your employer can reduce your hours or terminate are you with or without cause and with or without notice as l...

Once the custodial account is open and funded, the real fun begins: Investing the money. Within their brokerage account, your kids will be able to invest ...

You can use Form 8949 to reconcile your capital gains and losses, and then report them on your Form 1040 tax return using Schedule D. The IRS’ website has...

If you receive SSI, the federal monthly benefit amount for an individual is $771 and $1,157 per couple (in 2019), but whether you receive this full amount...

A QDRO costs between $500 and $750 for drafting fees, depending on your state and attorney. Plan Administrators may charge additional fees of $500 to over...

A salary point is a unit of measurement used by the District to determine placement/advancement on the salary table. A salary point is equivalent to one s...