news

How much SSI does spouse get?

In general, the income limit for SSI is the federal benefit rate (FBR), which is $794 per month for an individual and $1,191 per month for a couple in 202...

Published: Apr 22, 2026

news

Does Italy have a tax treaty with the US?

Taxes for Expats – The US – Italy Tax Treaty. The US – Italy tax treaty was first signed in 1984, then replaced in 1999, although it was only fully ratifi...

Published: Apr 22, 2026

general

How are capital gains taxed in an S Corp?

The stock basis of an S corp shareholder determines the capital gains tax on stock sale. In a straight stock sale, the capital gains tax liability is equa...

Published: Apr 22, 2026

news

How long does it take to get an amended tax transcript?

How long will it take to process an amended return? A Form 1040-X, Amended U.S. Individual Income Tax Return can take up to 16 weeks to process once we re...

Published: Apr 22, 2026

general

How do I set up an Internet selling business?

How to start an online business in seven steps: Conduct market research. Choose your online business model. Build your website. Fill your site with optimi...

Published: Apr 22, 2026

general

Do you record self employment tax on Schedule C?

To file your annual tax return, you will need to use Schedule C PDF to report your income or loss from a business you operated or a profession you practic...

Published: Apr 22, 2026

updates

What is difference between client and customer?

Key Differences: Customer vs Client Definition: Simply put, a client is the one who wants professional support/service from the company. Whereas, a custom...

Published: Apr 22, 2026

general

Are 60 hour work weeks normal?

It isn’t uncommon to have a 60-hour workweek occasionally, but some individuals find themselves repeatedly working these extra-long hours. If you are one ...

Published: Apr 22, 2026

updates

Is a company pickup truck a commercial vehicle?

A pickup truck can be considered a commercial vehicle even though it is not a traditional semi-truck or big-rig truck under certain circumstances. If it i...

Published: Apr 22, 2026

general

How much do you have to make in a year to file a 1099?

The IRS refers to this as “nonemployee compensation.” In most circumstances, your clients are required to issue Form 1099-NEC when they pay you $600 or mo...

Published: Apr 22, 2026