Recent data from Gallup found that 58% of Americans own stock. If this includes you, then you may have questions about when you need to report the stocks you own. For example, do you need to report unsold shares? This guide will walk you through Schedule D requirements and how you report gains (and losses) from stocks and other securities. So…
Are Funeral Expenses Tax Deductible? (Best Guide!!)
According to the National Funeral Directors Association, in 2021, the average cost of a funeral with a viewing and burial was about $7,900. Cremation costs were slightly lower at an average of nearly $7,000. With burial costs being a significant expense, it’s common to wonder if funeral expenses are tax-deductible. Unfortunately, individual taxpayers cannot claim funeral expenses…
What Is Gross Vehicle Weight Rating (GVWR)
Did you know that your vehicle’s Gross Vehicle Weight Rating (GVWR) affects how much weight you can and should put on your truck or trailer? Knowing your truck’s gross vehicle weight rating (GVWR) is extremely important if you plan to use it to transport heavy loads. Every vehicle’s GVWR bases itself on the idea of safety. If…
Do You Have to Pay Property Taxes Forever? (Best Guide!!)
Do you own a property and wondering “Do you have to pay property taxes forever?” Its a good question and many of the property owners think about this question all the time. What is Property Taxes? Property taxes are taxes levied on real estate property by the government. The amount of tax you pay depends…
Kia Niro Tax Write Off 2022-2023(Best Tax Deduction)
Are you a Small Business Owner who is looking to Learn How to Maximize your Tax Savings using Kia Niro Tax Write Off? Do you want to Learn what amount is tax deductible and how to qualify for maximum Section 179 and Bonus Depreciation? In this article we will be discussing how to get Maximum…
Is Overtime Taxed More? (Best Guide!!)
In the United States, employers are required to pay their employees time and a half for any hours worked over 40 in a week. But is Overtime taxed more? The answer isn’t so simple. Let’s take a look at how overtime is taxed in the US, and how that compares to other countries around the…
What Time Does McDonalds Close? (Ultimate Guide)
Do you know in 2022, McDonalds have about 38,000 locations in over 100 Countries. This means there is definitely a location near you. You’re out late, and you’re starving. But what time does McDonalds close? You don’t want to get stuck outside of a restaurant at midnight, especially not one that’s selling burgers and fries….
Entity Number vs EIN (7 Key Differences)
When you are running a business or start a new entity, you are assigned various numbers. Some are assigned by state governmental agencies and some are assigned by federal government. In this article we will be discussing Entity Number Vs. EIN. We will also discuss Is an entity number the same as a tax ID…
Do Immigrants Pay Taxes? ( A Complete Guide)
Do immigrants pay taxes in the United States? The answer might surprise you. According to a recent study, many immigrants do indeed pay taxes starting the very first day in the US – even if they are not authorized to work. So why does this misconception persist? Keep reading our detailed article to find out….
How Do Illegal Immigrants Get jobs Without a Social Security Number?
If you are wondering How do illegal immigrants get jobs without a social security number? you are not alone. Whether you live in California or Texas, you may have found yourself trying to hire people but finding out they do not have social security number or proper green card. Read on to learn key details…
