current events
Do you issue a 1099 for goods purchased?
A 1099-MISC is only required for purchases of services from unincorporated entities. PPACA would have expanded this to include purchases of goods and purc...
Mar 04, 2026 • 0 READS
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Current Events
current events
Who needs a pub 972?
Be a U.S. citizen, resident alien, or national—more information on residency requirements can be found in IRS Publication 519; Have lived with the taxpaye...
Mar 04, 2026 • 1 READS
current events
Is there a new format for a transcript?
There is a new transcript format that better protects your data. This new format partially masks your personally identifiable information. Financial data ...
Mar 04, 2026 • 0 READS
current events
How can I transfer money through call?
You can transfer funds from your phone without internet… You simply need to dial *99# on the phone, and wait for a few seconds. The service options—transf...
Mar 04, 2026 • 0 READS
current events
Can you work on W-2 means?
A W-2 contractor is an individual who is issued a Form W-2 by a temporary work agency, but who works as a contractor for a client of the agency. A contrac...
Mar 04, 2026 • 0 READS
current events
What is a retirement continuation plan?
A salary continuation plan is a corporate sponsored benefit generally designed to replace an executive’s income in the event of his/her death, retirement ...
Mar 04, 2026 • 0 READS
current events
At what age do you stop paying income tax UK?
You stop paying Class 1 and Class 2 contributions when you reach State Pension age – even if you’re still working. You’ll continue paying Class 4 contribu...
Mar 04, 2026 • 0 READS
current events
How do I find out if a company is regulated by SEC?
For the registration status of a public company registered with the SEC, please visit the SEC’s website, at This site contains the EDGAR database of elect...
Mar 04, 2026 • 0 READS
current events
What happens if I accidentally paid my taxes twice?
In most cases, the IRS will automatically refund the extra payment as long as both payments were clearly marked for the same tax year and the taxpayer doe...
Mar 04, 2026 • 0 READS
current events
Can a 65 year old get a third stimulus check?
The IRS continues to send batches of the third stimulus check. If you’re 65 or older, here’s what to know about qualifications, income, SSI, SSDI and reti...
Mar 04, 2026 • 0 READS