The IRS treats a Pell grant as a scholarship, which means it's possible that you'll have to report the grant money on your tax return and maybe even pay income tax on the money.
Some people think it is more important to spend public money on roads and motorways than on public transport systems such as railways and trams. To what extent do you agree or disagree? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write...
If it’s an irrevocable trust, you can’t change it after it’s created. If it’s a revocable trust, you still pay estate taxes. Will Pros: Can be as detailed as you want in terms of how you want your assets distributed when you pass You can create one on your own using online ...
25 Things to Do When You Retire More Getty Images If you love to garden, now may be the time to take your hobby to the next level. Whether you’re eager to find a new passion or want to linger on the patio with your morning coffee, retirement presents the opportunity to reset your ...
“The advantage of buying for your spouse or partner when you pool your money is that it is perfectly OK to get on the same page about what you are willing to spend on gifts,” says Sally Herigstad, personal finance expert and author of "Help! I Can't Pay My Bills,...
It’s the high-interest rates on credit cards that make it “bad” debt. If you don’t have a strategic plan to pay off credit card debt, those interest rates mean it takes what seems like forever to pay the cards off. Using a scattershot approach and throwing extra money at cards ra...
How do I find out if I need to pay quarterly taxes? That’s a great question!According to the IRS, you should payestimated taxesquarterlyif you expect to owe at least $1,000 in taxes on the income you make from freelance work this year.4 ...
For employees who live or work in a state that is not set up in QuickBooks Desktop, you can set up the applicable payroll items for the new state and remove them in the employee profile. Check on this article for you to be guided on how to set up payroll taxes in a...
" Well, they can in most states, but that doesn't necessarily mean that they should. Although using an attorney can cost thousands of dollars, it's often money well spent. Read on to find out how a real estate lawyer can help you close the deal and avoid pitfalls....
“Type A personalities, you've been warned.” Oh, and if you move to Europe, you may receive regular visits from U.S. family and friends – which some may see as a negative, depending on the situation. Taxes and energy prices also can be more costly, ex-pats say. Heather Teysko...