investigations

Do I owe taxes on PayPal?

Can I use PayPal Credit to pay my federal income taxes over time? Yes, qualifying U.S. customers can use PayPal Credit to pay federal income taxes over ti...

Published: Jan 20, 2026

science

Are pet sitting businesses profitable?

How much profit can a pet-sitting business make? Those who work for larger pet sitting businesses report earning between $30,000 up to $45,000 per year. I...

Published: Jan 20, 2026

culture

Are L1 visa holders US residents?

So, as an L-1 visa holder, you will be seen as a U.S. resident for tax purposes as long as you meet the substantial presence test. Can I extend my L1 visa...

Published: Jan 20, 2026

investigations

Do nondeductible IRAs grow tax-free?

A nondeductible IRA contribution is not eligible for a tax deduction. “You don’t get the immediate tax break on your income taxes in the years you contrib...

Published: Jan 20, 2026

world affairs

What is the date of sale for CGT purposes?

If you dispose of a CGT asset, the CGT event usually happens when you enter into the contract for disposal. For example, in the case of real estate, the C...

Published: Jan 20, 2026

culture

What is the postmark date for 1099-MISC?

Redesigned Form 1099-MISC The redesigned 1099-MISC has different box numbers for reporting certain income. Businesses must send Form 1099-MISC to recipien...

Published: Jan 20, 2026

technology trends

How do taxes work if I move out of state?

If you move from one state to another during the year, you will have to file state income taxes in both states. Depending on the state law, you will eithe...

Published: Jan 20, 2026

investigations

What does amount carried forward mean?

verb. (Accounting: Basic) If you carry forward a balance, you transfer it to the next page or column of an account, or to another ledger or book, so that ...

Published: Jan 20, 2026

economics

How do restaurants calculate sales tax?

Multiply your sales tax rate by the sum total of all the taxable items sold during the month. For example, it your tax rate is 10 percent, and you sold $1...

Published: Jan 20, 2026

science

Is a relator entitled to her statutory share if the government settles the case without intervening?

The False Claims Act states that, when the government intervenes in an action, the Relator is entitled to receive between Fifteen Percent (15%) and Twenty...

Published: Jan 20, 2026