Do owners count as employees for ACA?
When you calculate the number of employees you have for purposes of ACA requirements, don’t count yourself, your spouse, shareholders, or partners who own...
Published: Apr 22, 2026
Are survivor benefits considered disability?
SSDI is a federal insurance program that provides cash payments to disabled workers and their families. SSDI benefits are also available to certain family...
Published: Apr 22, 2026
How can a business reduce its income?
There are several strategies that can help you lower your taxable income just before the end of the year. Delay billing for unpaid work until payment is r...
Published: Apr 22, 2026
Does Massachusetts have federal income tax?
The income tax rate in Massachusetts is 5.00%. That rate applies equally to all taxable income. Unlike with the federal income tax, there are no tax brack...
Published: Apr 22, 2026
Is money from a Cancelled life insurance policy taxable?
A life insurance policy loan is not taxable as income, as long as it doesn’t exceed the amount paid in premiums for the policy. If you surrender your poli...
Published: Apr 22, 2026
Is it worth it to file as an S corp?
There’s another benefit of having an S Corp that’s worth mentioning… If your business makes a lot of money (i.e. more than $157,500 for a single person or...
Published: Apr 22, 2026
Are Consulting Services 1099 reportable?
A 1099 consultant is an outside contractor who works under contract for a company. While your clients do not take taxes out of your pay, they do report yo...
Published: Apr 22, 2026
What was the unemployment rate of 2015?
5.3 percent During 2015, the unemployment rate for the nation as a whole averaged 5.3 percent. In any month, this was the percentage of the labor force wh...
Published: Apr 22, 2026
What is due immediately?
When there is a remaining balance after the insurance company has paid, or if it does not pay at all, a patient’s balance is due and payable immediately. ...
Published: Apr 22, 2026
What should I do after I paid off mortgage?
Here’s what else you’ll need to do after paying off your mortgage. Cancel automatic payments. Get your escrow refund. Contact your tax collector. Contact ...
Published: Apr 22, 2026
