general

Are airfare travel expenses deductible?

Travel expenses include: Transport expenses are deductible when you travel in the course of performing your duties. This includes the cost of driving your...

Published: Apr 20, 2026

news

Do art galleries sell art?

Misconception: If a gallery can’t sell an artist’s art, they’re entirely to blame because they’re not working hard enough to sell it. Reality: Galleries a...

Published: Apr 20, 2026

updates

What is HSA code on W2?

The number reported in box 12 of Form W-2 (Code W) is the amount your employer contributed to your health savings account (including cafeteria plan contri...

Published: Apr 20, 2026

news

Does PayPal report to tax authorities?

Under the IRC Section 6050W, PayPal is required to report to the IRS the total payment volume received by US account holders whose payments exceed both of...

Published: Apr 20, 2026

news

Do you have to file taxes for a job you barely worked?

Individuals who fall below the minimum may still have to file a tax return under certain circumstances; for instance, if you had $400 in self-employment e...

Published: Apr 20, 2026

news

What happens to my disability when I turn 62?

You will not need to do anything in order to convert your disability benefits to retirement benefits. SSA will automatically convert your benefits once yo...

Published: Apr 20, 2026

general

Can you transfer an H-1B visa?

Individuals with H-1B visa status, or previous status, have the ability to transfer to a different employer. In order for the H-1B holder to change employ...

Published: Apr 20, 2026

news

What is professional billing in healthcare?

Physician billing, also known as professional billing is the billing of claims for work that was performed by a physician or other healthcare professional...

Published: Apr 20, 2026

general

Can self-employed claim for a bicycle?

Buying a Bicycle if You Are Self Employed You can claim for the cost of the bicycle on your taxes using capital allowances. And if you do choose to do thi...

Published: Apr 20, 2026

general

Is 1099-R code l subject to penalty?

When this occurs, the amount not repaid is considered a distribution and is usually reported on Form 1099-R with the distribution code L. These distributi...

Published: Apr 20, 2026