How do I record a cash advance on a credit card in QuickBooks?
All you have to do is input the cash advance in QuickBooks. Go to the Banking menu at the top to choose Make Deposits. Tap the Deposit To drop-down to sel...
Category: General
Do you have to pay capital gains on sale of vacant hunting land?
I have a question regarding the Capital Gains tax I will have to pay on the sale on my vacant hunting land I sold in Michigan in 2016. I owned the propert...
How do I set up automatic withdrawal on Fidelity?
Go to or call 800-343-3548. Use this form to request automatic withdrawals on a regular basis or to request Fidelity to calculate and establish a required...
Is there a W2 for a single member LLC?
If you go this route, you can indeed “hire” yourself as an employee, pay yourself a salary and issue yourself a W-2 form. But understand that your company...
How long will customers wait in line?
On average, retail consumers believe that 5 to 10 minutes is the maximum acceptable amount of time that they are prepared to wait in a line. If a line app...
What does it mean when it says electronic deposit?
What are electronic payments? Direct deposit is the electronic transfer of a payment from a company or organization into an individual’s checking or savin...
Can I get my TFN online?
If you already have a TFN and don’t remember the number, you can find it online in ATO online services via your myGov account. If you don’t have a myGov a...
What is Line 5 on the W 2?
Box 5: Medicare wages and tips. Box 5 reports the amount of wages subject to Medicare taxes. There is no maximum wage base for Medicare taxes. What is the...
What if I made a mistake on my disability claim?
Individuals can begin the appeal process by filing online or visiting the Social Security office. If a person finds that they have made a mistake on the d...
Can I deduct gas instead of mileage?
Can you claim gasoline and mileage on taxes? No. If you use the actual expense method to claim gasoline on your taxes, you can’t also claim mileage. The s...
