news

Do I need a permit at 20 in Illinois?

An Illinois Instruction Permit (or learner’s permit) is not required for adults 18 and older to apply for their license, but it is the only way to receive...

Published: Apr 22, 2026

general

Can Canadians easily get US citizenship?

Unless born abroad to U.S. citizen parents, Canadian citizens cannot just apply for U.S. citizenship. Instead, Canadians usually have to be a permanent re...

Published: Apr 22, 2026

news

How much do you have to make at a job to get a W-2?

Employers send employees a Form W-2 in January (and a copy to the IRS). Employees use Form W-2 to prepare their tax returns. Every employer that paid you ...

Published: Apr 22, 2026

news

Do independent contractors need to have a business name?

Independent contractors and freelancers must comply with several laws. Make sure you really qualify as an independent contractor. Choose a business name (...

Published: Apr 22, 2026

news

Are pre-tax 401k contributions deductible?

Contributions to qualified retirement plans such as traditional 401(k) plans are made on a pre-tax basis, which removes them from your taxable income and ...

Published: Apr 22, 2026

updates

Can my employer force me to enroll in Medicare at age 65?

Here is one. “I am turning 65 and my employer says I must enroll in Medicare. It cannot force employees to enroll in Medicare or offer any incentives to d...

Published: Apr 22, 2026

news

Is business owner a business owner?

When we use the words “business owner,” meaning one who individually or with partners is in control of monetary and operational decision-making, we are ta...

Published: Apr 22, 2026

news

What is it called when a baby is born months early?

When a baby is born more than three weeks earlier than the predicted due date, that baby is called “premature.” Premature babies (preemies) have not grown...

Published: Apr 22, 2026

news

Does the family Medical leave Act apply to the military?

Employees may take FMLA leave when a military family member is injured or called to active duty. The Family and Medical Leave Act (FMLA) provides special ...

Published: Apr 22, 2026

general

Can you lose money in rental property?

Often, you have a loss for tax purposes even if your rental income exceeds your operating expenses. This is because you get to depreciate (deduct) a porti...

Published: Apr 22, 2026