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Because gig workers are technically considered freelance workers, gig economy companies are not required to pay the federal minimum wage. However, many states have minimum wage laws that are stricter than federal regulations, andcompanies are usually required to comply with those rules. ...
Unfortunately for some business owners, when they go to file their annual tax return it comes as a complete surprise that they were supposed to make estimated tax payments during the year. Sometimes new business owners are unaware of the federal tax law that requires a business owner to pro...
2025 fafsa deadlines to know the federal fafsa deadline is june 30 for each academic year, but college and state deadlines are often much sooner. sarah wood jan. 14, 2025 how to get free money as a student from grants to scholarships to fafsa, there are lots of ways to minimi...
products have risen in lock-step with theFederal Reserve's rate hikesover the past two years, the IRS has also raised the interest rates it charges for estimated tax underpayments. The underpayment penalty rate isnow 8%for the fourth quarter of 2023, up from 3% in the first quarter of ...
Option C – make an estimated tax payment of $36,500 this quarter because it is convenient to do so Option D – do nothing If we do nothing then we are liable for interest and penalties. Interest is typically the federal short-term interest rate (currently 0%) plus 3%. Today that tota...
It’s a surprising fact that’s often overlooked in the immigration debate. Undocumented immigrants pay billions of dollars in federal taxes annually, between tax returns filed and taxes deducted from paychecks, experts estimate.
Now that you’ve submitted your Free Application for Federal Student Aid (FAFSA®) to apply for federal student aid such as federal grants and loans, you may wonder what happens next and how to check your FAFSA® status. Continue reading as we answer questions you may have about your ...
Another risk attached to credit cards is that missing payments or paying late can have a negative effect on your credit score. 3. Consider other credit options If you don’t opt for a medical credit card, you may be able to explore some other credit options. Be sure to shop around to ...