// current events
Do I have to issue a 1099 to my child?
If you are paying children over the age of 18 or grandchildren, you have the option of treating them as either as subcontractors or employees. You will th...
05 Mar 2026 0 views
Current Events
// current events
How does going to jail affect your life?
Although imprisonment can lead to delusions, paranoia, depression, suicidal tendencies, substance abuse, PTSD, as well as increased levels of hostility, o...
05 Mar 2026 0 views
// current events
Can you sell stock after receiving dividend?
Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex...
05 Mar 2026 0 views
// current events
Are legal fees deductible 2020?
Any legal fees that are related to personal issues can’t be included in your itemized deductions. According to the IRS, these fees include: Fees related t...
05 Mar 2026 0 views
// current events
Can a trust switch between simple and complex?
The rules for a complex trust (see Explanation: §661, Deduction et seq.) will apply for the tax year in which amounts other than income are distributed. T...
05 Mar 2026 0 views
// current events
Can you file a joint tax return if your husband died?
Year of Death. If your husband dies at any point during the tax year, you’re still considered married for the entire year, so you can file a joint return....
05 Mar 2026 0 views
// current events
What are the requirements to be a sponsor?
You must also be at least 18 years old and a U.S. citizen or a permanent resident. You must have a domicile in the United States or a territory or possess...
05 Mar 2026 0 views
// current events
What do you put on a 1099 for an independent contractor?
The 1099-Misc listed royalties, rents, and other miscellaneous items, but its most common use was for payments to independent contractors. Starting in 202...
05 Mar 2026 0 views
// current events
What is the accounting year for Texas franchise tax 2020?
The 2020 annual report is due May 15, 2020. Accounting Period Accounting Year Begin Date: Enter the day after the end date on the previous franchise tax r...
05 Mar 2026 0 views
// current events
Are concerts tax deductible?
Theater or sporting event tickets purchased for business associates are treated as an entertainment expense provided you accompany your associates to the ...
05 Mar 2026 0 views
