Form 1099 from the IRS is used for reporting income received by independent contractors, freelance workers, and also used to report other forms of miscellaneous income. The 1099 form is used for non-employee income reporting as opposed to the W-2 form used to report employee wages. If any federal income tax has been withheld under ...
Whether your a CPA, CPA candidate, or college undergrad you may have heard of the AICPA. The AICPA, or American Institute of Certified Public Accountants, is the national organizations for CPAs. Membership in the AICPA is not mandatory for CPAs, but is very beneficial. Membership Categories Not everyone can be a member of the AICPA. ...
As I write this in the holiday season of 2009 the phone calls keep coming because many government efforts to spread the word about this scam charity fail to prevent kind-hearted American from giving their hard-earned money to it. Odds are very high that you will get calls from the Police Protective Fund and get ...
Recently my husband lost his mother unexpectedly. About ten years prior, he lost his father after a long illness. In the past month since my mother in-law’s passing, I have noticed that my husband seems depressed. He is the type that never complains or lets his emotions show, but it is very noticeable. It is ...
In general, the proceeds from a life insurance policy that you receive as beneficiary upon the death of the insured are not subject to U.S. federal income tax, unless the policy has been turned over to you in return for a price. In order to determine whether any part of the benefits is taxable, a ...
The loss of a spouse is devastating and the last thing you want to think about is your financial future. But it is important for women to make a few crucial decisions early on to protect their finances and future security. Making these decisions can be emotionally trying, so having a trusted friend or relative ...
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