news
Is a PTA considered a non profit organization?
Most PTAs are classified as tax-exempt 501(c)(3) public charities under the Internal Revenue Code (IRC). Is the PTA a 501 c 3? PTAs are generally classifi...
Sep 04, 2026 • 1 READS
updates
When did the full retirement age go up to 66?
The full retirement age further increases in two-month increments each year to 66 and 10 months for those born in 1959, up from 66 and 8 months for those ...
Sep 04, 2026 • 0 READS
news
How do I file a 1099-NEC with Michigan?
Send your Form 5081 along with your Form 1099 to the following mailing address: Michigan Department of Treasury, P.O. Box 30401, Lansing, MI 48909-7901. H...
Sep 04, 2026 • 1 READS
news
What do I need to know about revocable living trust?
Key Takeaways A revocable living trust is a trust document created by an individual that can be changed over time. Revocable living trusts are used to avo...
Sep 04, 2026 • 0 READS
news
Does w2 show FICA?
FICA tax withholding is shown in box 4 for Social Security taxes and in box 6 for Medicare taxes. Do I get FICA back on tax returns? Who Qualifies for a F...
Sep 04, 2026 • 0 READS
updates
Can I use my business account to pay my credit card?
Any time a business pays for personal expenditures, it is taxable income to the person receiving the “benefit” of that payment. If the charges on the cred...
Sep 04, 2026 • 0 READS
news
Does disability affect employer?
All disability benefits programs affect employers financially, administratively and operationally; therefore, any disability benefits program must meet bo...
Sep 04, 2026 • 1 READS
updates
Where does fair market value go on 1099-a?
On your Form 1099-A, you’ll see a box that asks for the fair market value of the asset. If your lender has sold the asset, the amount received by the sell...
Sep 04, 2026 • 0 READS
general
How do I get my money from Fidelity?
You can withdraw money from your Fidelity brokerage account and: Transfer it to another account you own using the Fidelity Electronic Funds Transfer accou...
Sep 04, 2026 • 0 READS
news
How to assist sellers in the completion of the 1099?
Each Seller must complete a 1099-S Certification form (Husband and Wife must each complete a separate form). Step 2 A) If all questions are answered “True...
Sep 04, 2026 • 0 READS
