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Do I need to file Schedule C if no activity?
You are required to file Schedule C if your LLC’s income exceeded $400 for the year. If a one-member LLC did not have any business activity and does not h...
Jan 05, 2026 1 Views
Topics: World News
world news
Who is the best to sell gold to?
There are three main places to sell gold — reputable online gold buyers, bullion pawn shops and local jewelers. We generally recommend selling online if y...
Jan 05, 2026 1 Views
world news
Do you have to pay estimated tax for 2018?
In most cases, you must pay estimated tax for 2018 if both of the following apply. 1. You expect to owe at least $1,000 in tax for 2018, after subtracting...
Jan 05, 2026 1 Views
world news
What is imputed income for domestic partners?
The imputed income is the cost of coverage for the employee’s domestic partner and/or partner’s children. That portion is considered imputed income by the...
Jan 05, 2026 1 Views
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Is child care credit and child tax credit the same?
The child tax credit begins to phase out if your modified adjusted gross income (MAGI) exceeds a certain level. The other credit–the child and dependent c...
Jan 05, 2026 1 Views
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Who is eligible for the qualified business income deduction?
Qualified Business Income Deduction Many owners of sole proprietorships, partnerships, S corporations and some trusts and estates may be eligible for a qu...
Jan 05, 2026 1 Views
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What is a tax incentive for employers?
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consist...
Jan 05, 2026 1 Views
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What is Code 12 dd on W-2?
Box 12 amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponsored health coverage plan. Code DD amount...
Jan 05, 2026 1 Views
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Can a salesperson deduct mileage?
Sales representatives may deduct the actual expenses associated with traveling, such as car insurance, gasoline and maintenance. Otherwise, salesmen may d...
Jan 05, 2026 1 Views
world news
Is it important to inform a deaf person that you know sign?
Fortunately, you don’t need to know ASL in order to know how to communicate with a Deaf person. In fact, the Deaf person will appreciate your efforts even...
Jan 05, 2026 1 Views