news

Are inherited stocks and bonds taxable?

You are not liable for taxes on the inherited value of stocks you receive from someone who died. The estate of the deceased person takes care of any tax i...

Published: May 23, 2026

general

Are you considered an employee if you are 1099?

A 1099 worker is one that is not considered an “employee.” Rather, this type of worker is usually referred to as a freelancer, independent contractor or o...

Published: May 23, 2026

general

Can a new employee participate in a SIMPLE IRA?

All employees who received at least $5,000 in compensation from you during any 2 preceding calendar years (whether or not consecutive) and who are reasona...

Published: May 23, 2026

news

Are business excise taxes taxed?

Excise taxes are primarily for businesses. While income tax is the primary revenue generator for federal and state governments, excise tax revenue also ma...

Published: May 23, 2026

general

Where is my NYS federal refund?

Visit the Tax Department homepage at and select subscribe at the bottom of the page. Don’t have a computer or smart phone? Call the Tax Department’s autom...

Published: May 23, 2026

general

What are good 10 year investments?

Here is a look at 10 investment avenues Indians look at while saving for financial goals. Direct equity. Equity mutual funds. Debt mutual funds. National ...

Published: May 23, 2026

general

How much tax is deducted from a paycheck in MS?

No matter which state you work in, you need to pay FICA taxes. FICA taxes are made up of Social Security and Medicare taxes. Your employer withholds 6.2% ...

Published: May 23, 2026

news

How do I find my old business EIN?

Your previously filed return should be notated with your EIN. Ask the IRS to search for your EIN by calling the Business & Specialty Tax Line at 800-8...

Published: May 23, 2026

general

Can an LLC be a partner in a general partnership?

So can an LLC be a partner? Yes. Therefore, LLCs can serve as general partners in a partnership. Due to the liability you are exposed to as a partner, you...

Published: May 23, 2026

general

How much money do I need to open a small grocery store?

There are, of course, a lot of little costs associated with starting a grocery store. But generally speaking, you can expect to spend upwards of $500,000 ...

Published: May 23, 2026