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What was the penalty for not paying Obamacare?

The penalty for not having coverage the entire year will be at least $750 per adult and $375 per dependent child under 18 in the household when you file y...

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Knowledge Base

Latest insights and tutorials from the The Daily Insight team.

Can I withdraw from 401k multiple times?

In some circumstances, you can make withdrawals from more than one 401(k) account with no penalty. For example, you could retire from a company at age 57 ...

What law is Social Security?

While the Social Security Act (federal law) governs an applicant’s right to benefits, state substantive law governs some of the family relationship issues...

How do I live frugally on Social Security?

7 Tips to Live Well on Social Security Alone Pay off your mortgage before retirement. Avoid claiming Social Security before your full retirement age. Cons...

How do insurance brokers operate?

Unlike insurance agents, insurance brokers do not work for an insurance company. They work for their clients, providing advice on the best insurance optio...

How do I get an income tax statement?

Here’s how to get a transcript: Order Online. The fastest way to get a Tax Return or Account transcript is through the ‘Get Transcript’ tool available on ...

Can as CORP be a partner in a partnership?

Any corporation can be a partner in a general partnership, including an S corporation. While a general partnership is not a legal entity, it is a formal b...

Can an S Corp pay rent for a home office?

S-corporation home office deductions, reimbursements and expenses. The S corporation can pay you rent for the home office. The S corporation can pay you f...

Can children of diplomats get citizenship?

In short, no — a child born in the United States to a foreign diplomatic officer does not receive U.S. citizenship at birth. What is diplomatic visa? Amba...

How do I report someone running a scam?

To file a complaint of fraud, identity theft, pyramid schemes, or other scams, head to the U.S. Federal Trade Commission (FTC) website. At the top right, ...