A few examples are mailing a paper return, not choosing direct deposit, having errors on a return, missing documentation, and returns identified for additional review. For example, in Florida—which ranks 10th overall—the average refund was $2,897. Me... Read more
Before you can determine if you are subject to self-employment tax and income tax, you must figure your net profit or net loss from your business. You do this by subtracting your business expenses from your business income.... Read more
See your Cardholder Agreement for details on all ATM fees. Supporting Identification Documents must be original or copies certified by the issuing agency.... Read more
If you are self-employed and also an employee of someone else, both incomes are included to determine the total amount of Social Security and Medicare tax you must pay. Line balance must be paid down to zero by February 15 each. Read more
Department of Labor shows state requirements for paying tipped employees minimum wages. Employees are required to keep a daily tip record and report these tips to their employer ($20 or over a month) on a regular basis. The IRS suggests reporting. Read more
Property taxes in Arizona's largest city are middle-of-the-road when compared with the other cities and towns on our list. For 2017, the average property tax rate in Phoenix was $678 per $100,000 of home value.... Read more
If you want to remove money from a 401 account without paying taxes, you will need to meet certain criteria. If this happens, you don’t have to pay taxes on the money you withdraw to cover that financial need.Distributions may be. Read more
Installment sale gain reported on form FTB 3805E, Installment Sale Income. 1001, if you received interest income from the items listed above passed through to you from S corporations, trusts, partnerships, or LLCs.To determine the portion of income o... Read more
