current events
What does First Data merchant services do?
First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including han...
Mar 06, 2026 • 1 READS
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current events
Is it legal to surcharge debit cards?
Visa Convenience Fee Guidelines Visa guidelines state that a surcharge is different than a convenience fee. It prohibits merchants from imposing surcharge...
Mar 06, 2026 • 0 READS
current events
How much tax do you pay on rental income?
The short answer is that rental income is taxed as ordinary income. If you’re in the 22% marginal tax bracket and have $5,000 in rental income to report, ...
Mar 06, 2026 • 0 READS
current events
Is a QDRO the same as a divorce decree?
May a QDRO be part of the divorce decree or property settlement? Yes. There is nothing in ERISA or the Code that requires that a QDRO (that is, the provis...
Mar 06, 2026 • 0 READS
current events
What is an MA cost plan?
Medicare cost plans are a type of Medicare health plan. Private insurance companies contract with Medicare to deliver your Original Medicare (Part A and P...
Mar 06, 2026 • 0 READS
current events
What do you do if you lose your Social Security card?
If your Social Security card is lost or stolen, you can replace it for free through the Social Security Administration (SSA) website, by visiting a local ...
Mar 05, 2026 • 0 READS
current events
Are you an F1 visa student?
The F-1 Visa (Academic Student) allows you to enter the United States as a full-time student at an accredited college, university, seminary, conservatory,...
Mar 05, 2026 • 0 READS
current events
Are home prices dropping in Long Island NY?
The median home price on Long Island jumped to $580,000 in May, from $491,000 last May, while the median contract price — the amount a buyer actually pays...
Mar 05, 2026 • 0 READS
current events
What if I overpaid on FICA taxes through several employers?
An employer can miscalculate and pay excess FICA tax. If you work for multiple employers during the year, overpaying Social Security tax becomes easier. T...
Mar 05, 2026 • 0 READS
current events
What does an independent contractor need to fill out?
Form W-9. The IRS requires contractors to fill out a Form W-9, request for Taxpayer Identification Number and Certification, which you should keep on file...
Mar 05, 2026 • 0 READS