updates

What happens if 1099-C is not filed?

In short, you’ll have to pay taxes on the extra income. That might mean your refund is reduced or that you owe more taxes than you would otherwise. In cas...

Sep 02, 2026 • 1 READS

updates

Is an Inc a 1099 vendor?

If your vendor is a corporation (a C Corp or an S Corp) you do not need to issue them a 1099. The exception to this rule is with paying attorneys. If your...

Sep 02, 2026 • 1 READS

updates

When to file Form 1099-ltc for long term care?

File Form 1099-LTC if you paid any long-term care benefits. Long-Term Care Benefits “Long-term care benefits” means: 1. Any payments made under a product ...

Sep 02, 2026 • 1 READS

updates

What can I do if I dont get paid at work?

Contact your employer (preferably in writing) and ask for the wages owed to you. If your employer refuses to do so, consider filing a claim with your stat...

Sep 02, 2026 • 1 READS

updates

Does Social Security come out before or after 401k contribution?

To calculate Social Security tax withholding on 401(k) contributions, your employer first determines your gross wages for the pay period. Gross wages are ...

Sep 02, 2026 • 0 READS

updates

Can you transfer funds from one 403b to another?

Transferring an Employer’s Plan While the IRS doesn’t prohibit such rollovers, your new employer may. If you fill out the proper paperwork, which your hum...

Sep 02, 2026 • 1 READS

updates

Are executor fees reported on Form 1099?

Typically, Forms 1099-MISC are not required to report executor fees because administration of an estate or trust is not a trade or business activity. How ...

Sep 02, 2026 • 1 READS

updates

How can I figure out my estimated tax payments?

You can use your prior year tax return as a guide and Form 1040-ES, Estimated Tax for Individuals has a worksheet to help you figure your estimated paymen...

Sep 02, 2026 • 1 READS

updates

How do I deal with a gambling partner?

Get support. Finally, tell your partner to get support from a gambling awareness charity such as Gamcare. They also offer confidential support and advice ...

Sep 01, 2026 • 0 READS

updates

Can I claim my RV as a second home?

As long as the boat or RV is security for the loan used to buy it, you can deduct mortgage interest paid on that loan. In the event you decide to move bac...

Sep 01, 2026 • 1 READS