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How long does EIN number take to process?

four weeks The processing timeframe for an EIN application received by mail is four weeks. Ensure that the Form SS-4 PDF contains all of the required info...

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Knowledge Base

Latest insights and tutorials from the The Daily Insight team.

Should I pay pre-tax or post-tax?

Medical insurance premiums are deducted from your pre-tax pay. This means that you are paying for your medical insurance before any of the federal, state,...

What is the income limit for Working for Families?

The abatement threshold for Working for Families payments will increase from $36,350 to $42,700, while the abatement rate will increase from 22.5% to 25%....

Are home improvement contractors allowed to work in Pennsylvania?

Yes. Any contractor who offers or performs home improvements in Pennsylvania must comply with the law. How do I report a contractor in PA? Pennsylvanians ...

Should you employ your wife?

Hiring your spouse to work as an employee in your business can save you big on taxes. The savings can be particularly great if you are a sole proprietor o...

Can I file my own partnership tax return?

Reporting Partnership Income A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operatio...

Can an S Corp owner have an HRA?

To summarize: S-Corp owners cannot participate in the HRA. Neither can their spouse, parents, children, or grandchildren. S-Corp owners can write off thei...

Who typically files for divorce first?

Only one spouse can file first. They are referred to as the plaintiff. The other spouse is the defendant. Whether you are the plaintiff of the defendant i...

Do I need a new license when I move Ohio?

Will you need to get a new driver’s license if moving to Ohio from another state? Yes. How do you get one? To get an Ohio driver’s license as a formerly o...

What does account titling mean?

A bank account title designates the ownership of the account. In addition to naming the owners, the title can determine control of the account, the distri...