general
What is the recovery period for Form 2106?
A recovery period is how long the asset can be expected to last and therefore, it’s time period for depreciation. Cars, computers and office equipment hav...
Sep 07, 2026 • 1 READS
news
Can I enter the US after my J-1 visa starts?
Once you have obtained your J-1 visa, you are ready to travel to the U.S. Immigration regulations allow you to enter the U.S. no earlier than 30 days prio...
Sep 07, 2026 • 1 READS
updates
Do eBay Buyers receive 1099s?
You may receive a Form 1099-K from eBay, depending on the totals of your sales and transactions. We’ll provide you with Form 1099-K by January 31st each y...
Sep 07, 2026 • 1 READS
updates
Do you need an LLC to be a freelancer?
If you do not form an LLC, it is still possible to do freelance work and earn money as a sole proprietor. However, being a sole proprietor might not be th...
Sep 07, 2026 • 1 READS
updates
What happens if you have more than one Nol?
More than one NOL: If you carry more than one NOL to the same tax year, your NOL deduction is the total of all carrybacks and carryovers to that year. If ...
Sep 07, 2026 • 1 READS
updates
Are there any tax deductions for employees in 2017?
Employees who incur job-related expenses can deduct some of those costs on their federal tax returns, at least through the 2017 tax year. When the Tax Cut...
Sep 06, 2026 • 1 READS
general
How much sales tax do I charge in NY?
The City Sales Tax rate is 4.5%, NY State Sales and Use Tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total Sa...
Sep 06, 2026 • 1 READS
news
Can I claim benefits if my husband works?
Your partner is allowed to do paid work of up to 24 hours per week. If you are working less than 16 hours per week, and your partner is working less than ...
Sep 06, 2026 • 1 READS
updates
What is a HOA disclosure?
“The HOA disclosure is a two-inch thick packet that contains all the association rules, any amendments they’ve made, and the financial documents—those are...
Sep 06, 2026 • 1 READS
general
Can an employee be a corporation?
Employee: Corporations. The owner-employee definition can apply if you form your business as a C corporation or an S corporation, Spirit HR says. A C corp...
Sep 06, 2026 • 1 READS
