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What taxes do employers pay quarterly?

IRS Form 941 is the Employer’s Quarterly Tax Return. This form reports withholding of federal income taxes from employees’ wages or salaries, as well as M...

Sep 20, 2026 • 0 READS

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What qualifies as an emotional disability?

An inability to build or maintain satisfactory interpersonal relationships with peers and teachers; Inappropriate types of behavior or feelings under norm...

Sep 20, 2026 • 0 READS

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Do you sign a contract when renting a house?

It’s standard practice that the buyer or consumer signs the contract first. In this case, the good being exchanged is the right to live in your rental pro...

Sep 20, 2026 • 0 READS

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Can you have two LLC companies?

The answer is yes–it is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a ...

Sep 20, 2026 • 0 READS

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Can a home business write off rent?

In general, you can deduct rent as an expense only if the rent is for property you use in your trade or business. If you have or will receive equity in or...

Sep 20, 2026 • 0 READS

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How do I explain divorce to my 14 year old?

First, here are some general guidelines on how to approach the topic of divorce, listen, and give your children the reassurance that they need: Give simpl...

Sep 20, 2026 • 0 READS

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How does housing allowance affect taxes?

If you receive a rental allowance, you can exclude it from your gross income if the amount is used to provide or rent a home, and it does not constitute e...

Sep 20, 2026 • 0 READS

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What does proof of status mean?

Proof of Status is a person’s legal standing/status with which he/she resides in a country. For students, it’s study permit/visa. For working professional...

Sep 20, 2026 • 0 READS

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Are Will preparation fees tax deductible?

IRS Publication 529 clearly states that “legal fees related to producing or collecting taxable income or getting tax advice are not deductible.” Since leg...

Sep 20, 2026 • 0 READS

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Does it make sense financially to get married?

In some cases a couple may get hit with a higher income tax bill (the infamous ‘marriage penalty’), but from a personal finance perspective, the positives...

Sep 20, 2026 • 0 READS