updates

Are distributions from an irrevocable trust taxable?

As noted above, an irrevocable trust must pay income tax on its earnings. Typically, the beneficiary isn’t required to pay income taxes on distributions t...

Published: Jul 05, 2026

news

Do tax assessors check permits?

You need a permit to do any plumbing, electrical or major construction work in your house and it’s not uncommon for a tax assessor to check if any permits...

Published: Jul 05, 2026

general

How much do you get for a 14 year old on taxes?

A child who has only earned income must file a return only if the total is more than the standard deduction for the year. For 2019, the standard deduction...

Published: Jul 05, 2026

general

Do 501c3 organizations pay capital gains tax?

Entities organized under Section 501(c)(3) of the Internal Revenue Code are generally exempt from most forms of federal income tax, which includes income ...

Published: Jul 05, 2026

news

What do I do if my employer did not give me a w2?

If you haven’t received yours by mid-February, here’s what you should do: Contact your employer. You should first ask your employer to give you a copy of ...

Published: Jul 05, 2026

news

How can I check my income tax balance?

View Refund/ Demand Status Login to e-Filing website with User ID, Password, Date of Birth / Date of Incorporation and Captcha. Go to My Account and click...

Published: Jul 05, 2026

general

How do you address a customer service problem?

Listen to the customer and show genuine empathy. Assess the situation. Ask for the customer’s needs and preferences. Offer a solution and give options whe...

Published: Jul 05, 2026

general

What is it called when you have a problem with your balance?

Some balance disorders are caused by problems in the inner ear. The part of the inner ear that is responsible for balance is the vestibular system, also k...

Published: Jul 05, 2026

updates

How do I set up a medical expense reimbursement plan?

Normally, they follow a five-step process: Employers set allowance amounts. With an MERP, employers set a monthly allowance amount for each employee. Empl...

Published: Jul 05, 2026

general

Is qui tam civil or criminal?

The case netted the largest criminal fine ever imposed in the United States for any matter, $1.195 billion, and the largest civil fraud settlement against...

Published: Jul 05, 2026