Category: Users’ questions

How do I set up a website to sell things? How to Sell Products on a Website Choose your website hosting. Pick and register your domain name. Design your ecommerce website. Get your SSL certificate. Set up a merchant account. Figure out your pricing. Take high-quality product photographs. Write effective sales copy. How will a […]

How many questions do I get about forgiveness? People often ask me the same questions about forgiveness. I will address 56 of them within 12 categories. Click on the topic, and it will lead you to a list of related problems and their answers: I cannot forgive! Forgive and forget? When do we need to […]

Who is responsible for preparing 1099s? In many cases (depending on the size of the transaction, location of the property and the parties involved), the closing may end up running through a title agency or closing attorney – and in those cases, THEY (the closing agents) are responsible for filing the 1099-S, so it’s not […]

Can you start a 401k mid year? Safe harbor 401(k) plan sponsors generally can’t mid-year: Increase an employee’s required number of completed years of service to have a nonforfeitable right to the employee’s account balance attributable to safe harbor contributions under a qualified automatic contribution arrangement (QACA). Can I lose my 401k? Your employer can […]

Can you claim imputed income on your taxes? Unless specifically exempt, imputed income is added to the employee’s gross (taxable) income. But it is treated as income so employers need to include it in the employee’s form W-2 for tax purposes. Imputed income is subject to Social Security and Medicare tax but typically not federal […]

Can I go to the IRS office to verify my identity? If the IRS can’t verify your identity over the phone, they may ask you to schedule an appointment at your local IRS office to verify your identity in person. You will need to bring the documents listed above. You can make an appointment by […]