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How do I know if I have Medicare Part A coverage?

If you’re not sure if you have Part A or Part B, look on your red, white, and blue Medicare card. If you have Part A, “Hospital (Part A)” is printed on th...

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Knowledge Base

Latest insights and tutorials from the The Daily Insight team.

What do bitcoin traders do?

“Trading bitcoin is like trading anything else on an exchange. You can trade dollars for euros through forex, and dollars for bitcoins on the exchanges. I...

How many hours can you work without it being illegal?

By law an employee cannot work more than an average 48 hours a week, unless either of the following apply: they agree to work more hours (known as ‘opting...

Can a husband and wife both have a Roth IRA?

Just as with single filers, married couples can have multiple IRAs — though jointly owned retirement accounts are not allowed. You can each contribute to ...

What payroll taxes do employers pay in Kentucky?

All businesses in Kentucky must pay State Unemployment Tax Act (SUTA) taxes. The current wage base is $10,800 and rates range from 0.3% to 9.0%. All new e...

Is there capital gains tax in Panama?

Panama imposes no income, corporate, capital gains, or estate taxes on offshore entities that only engage in business outside of the jurisdiction. Panama ...

Are health insurance premiums tax deductible in 2017?

In 2017 and 2018, the cutoff was also 7.5%. Expenses that qualify for this deduction include premiums paid for a health insurance policy, as well as any o...

Is it worth keeping gas receipts for taxes?

If you’re claiming actual expenses, things like gas, oil, repairs, insurance, registration fees, lease payments, depreciation, bridge and tunnel tolls, an...

Can a Canadian borrow money from a US bank?

Yes, Canadian Nafta professionals can take out a loan in the U.S. While there aren’t specific loans for Canadians in the U.S., Canadians can qualify for p...

What is an IRS guidance?

A regulation is issued by the Internal Revenue Service and Treasury Department to provide guidance for new legislation or to address issues that arise wit...