As soon as the tax season arrives, most Americans are bound to file a tax return. There is two ways an individual or a business can file their federal income tax returns; file a paper Form 1040 and mail it to the IRS or file electronically online. Both options have their own pros and cons … Read more
The student loan account number is a 10-digit unique number given by student loan providers. There are many ways you can find your student loan account number. First and foremost, if you already have a billing statement from the student loan provider, you can see it in the documents. If not, you can contact the … Read more
With the sixth-highest tax burden in the United States, California residents are no stranger to paying high taxes. The total state and local tax burden of California residents is 11% of their annual income. That being said, it makes California one of the highest taxpaying state in the United States. As for the income tax … Read more
The tax withholding tables are used by employers to figure out how much tax federal income tax needs to be withheld from employee’s salary. When the employee files a Form W-4 and gives it to the employer, the employer will use the tax withholding tables along with the employee’s W-4 to determine the federal income … Read more
Mostly, you need a fair credit to get a credit card and you need a credit card to build your credit score to fair. It almost seems like an impossible paradox to get out of when trying to get new credit cards. Unfortunately, those with bad credit have limited options to get credit cards. Most … Read more
A 1099-K may be required if you are self-employed, have more than one employer, or have various sources of income. The Internal Revenue Service should receive a report of your income and assets using this form. Observe the following points. Venmo payments count as taxable income You might wonder if Venmo payments are taxable income … Read more
Out of all the states, only New Hampshire doesn’t require drivers to have insurance on their vehicle whether it be for personal or business use. However, this doesn’t mean that there aren’t any regulations as far as vehicle insurance is concerned. Drivers who purchase insurance must have certain details in their policy. This refers to … Read more
Among the 50 states, only 5 states has no sales tax. Compared to the income tax, it falls behind but there are good reasons why these five states have no sales tax. So what states have no sales tax on purchased goods and services? In alphabetical order; Alaska, Delaware, Montana, New Hampshire, and Oregon has … Read more
When it comes to property insurance, the two most basic is the homeowner’s insurance and the renter’s insurance. While you may confuse these two, they both serve a different purpose. The homeowner’s insurance protects the physical structure of the homeowner’s property. On the other hand, renter’s insurance only protects the personal belongings of the renter. … Read more
The Original Medicare only covers hospital and medical insurance. To get prescription drug coverage, a standalone Part D or a Medicare Advantage Plan must be purchased. In either way, you’re going to need prescription drug coverage. While Part D only adds prescription drug coverage, Medicare Advantage Plans can include other services like dental, vision, and … Read more