news

Does pattern day trader apply to multiple accounts?

Use Multiple Brokerage Accounts The pattern day trader rule restricts trades to less than four within a given day. If you have multiple trading accounts y...

Published: Apr 30, 2026

general

Is insurance a required employee deduction?

Some mandatory payroll tax deductions that employers are required by law to withhold from an employee’s paycheck include: Federal income tax withholding. ...

Published: Apr 30, 2026

updates

What does LLC mean when starting a business?

limited liability company LLC stands for “limited liability company.” An LLC is one type of legal entity that can be formed to own and operate a business....

Published: Apr 30, 2026

general

Can an independent contractor be a sole proprietor?

An independent contractor can be any type of business entity (sole proprietor, corporation, LLC, partnership), but most independent contractors are sole p...

Published: Apr 30, 2026

news

What is the minimum you can receive on SSDI?

$1,170 per month To qualify for SSDI, you must earn less than $1,170 per month. To qualify for SSI, you must earn less than $735 per month. While these nu...

Published: Apr 30, 2026

updates

Is mileage an expense or deduction?

If you use your car only for your job or business, you may deduct all of the miles driven or actual vehicle expenses. But if you also use the car for othe...

Published: Apr 30, 2026

news

How do you determine authorized shares?

If you know the number of shares issued and unissued, or those authorized but not sold to shareholders, you can calculate authorized shares: shares author...

Published: Apr 30, 2026

news

Are VDI benefits taxable?

Does the employee have to pay taxes on the disability benefits received under the CA VDI plan? No. All disability benefits are tax-free. What is VDI on pa...

Published: Apr 30, 2026

general

Are employer contributions to 403 B taxable?

Employer contributions (within dollar limitations) are tax-deferred and exempt from FICA. Employee elective contributions to 403(b) plans that are conside...

Published: Apr 30, 2026

general

Is Hong Kong a former British colony?

British Hong Kong was a colony and dependent territory of the British Empire from 1841 to 1997, apart from a brief period under Japanese occupation from 1...

Published: Apr 30, 2026