Topic: News

3625 Articles

How are MEC withdrawals taxed?

Any loans or withdrawals from an MEC are taxed on a last-in-first-out basis (LIFO) instead of FIFO. Therefore, any taxable gain that comes out of the cont...

Jan 16, 2026 1 VIEWS

Who is responsible for social issue?

The discussion of responsibility involves two conflicting views (Weiner, 1995). One view holds that a social problem is caused primarily by the deficienci...

Jan 16, 2026 1 VIEWS

What are the latest scams to be aware of?

The Latest Scams You Need to Be Aware of in 2021 Coronavirus, Vaccine and Government Program Scams. Phone-Related Scams. Cryptocurrency Scams. Romance Sca...

Jan 16, 2026 2 VIEWS

What do I send with IRS 1096?

Use Form 1096 To Send Paper Forms to the IRS You must send Copies A of all paper Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G to the IRS with Form 1...

Jan 16, 2026 4 VIEWS

Are Reward Points taxable income?

Generally, the IRS categorizes redemption of credit card rewards and frequent flyer miles as non-taxable. Instead of being seen as income, “they are treat...

Jan 16, 2026 2 VIEWS

How do clients deal with divorce?

Here’s how to help ease your clients’ stress load as they navigate the divorce process. Teach your divorcing client about the stages of grief. Help your d...

Jan 16, 2026 1 VIEWS

Can u write off child support on taxes?

If you pay child support, you can’t deduct the payments from your taxable income. You also can’t count child support as earned income to qualify you for t...

Jan 16, 2026 1 VIEWS

Can contractors work in CT?

As described above, general contracting work crosses several categories identified by the Connecticut State Department of Consumer Protection. A major con...

Jan 16, 2026 1 VIEWS
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