Financial News, Tips & More!
How to Stop a Wage Garnishment in California
The best way to stop a wage garnishment is to pay off or settle the debt as quickly as possible. Are you in California and facing the prospect of having your wages garnished? Are you feeling overwhelmed by the situation? Fortunately, several options are available to help stop paycheck garnishment in California. ...
What Is the Tax Rate for Alimony in Nevada?
As Nevada has no state income tax, there is no tax rate on alimony. However, the federal government wants their cut. Before 2019, spousal support was tax deductible. This is no longer true, thanks to the Tax Cuts and Jobs Act (TCJA). Unfortunately, the federal government realized that they could receive more tax...
Why Would a California Tax Return Be Rejected?
The most likely reason a California tax return is rejected is due to incorrect information. If something doesn’t match up between what you put on your return and what’s on file, rejection is common. Filing a tax return in California can be a complicated process, and it’s essential to make sure all the information is...
How to Calculate Tax on a Bonus Check in California
If the bonus check is independent of your regular check, the employer will withhold 22% for federal taxes. No calculations on your part are necessary. The bonus is also subject to Medicare, Social Security, and 10.23% to state tax, and possibly other taxes. You can expect to pay around 40% (estimated) in taxes on a...
What Are the Taxes in Bakersfield, CA?
The sales tax in Bakersfield, California, is 8.25%. But if you're thinking of moving to this town, you should know that's not the only taxes you'll be paying. Bakersfield is a great place to live and work, but it’s important to understand the taxes that are associated with living in this area. Knowing what types of...
How to Get Rid of Court-Ordered Debt in California
The best way to get rid of court-ordered debt is to pay it off as fast as possible. It will go on your credit report, and third-party debt collectors will harass you until you pay it. Are you struggling to pay off court-ordered debt in California? You're not alone. Many Golden State residents are overwhelmed by their...
What Are Rollback Taxes in Orange County?
Rollback taxes in Orange County are a type of tax collected when properties change from agricultural to commercial or residential use. This type of tax is based on the difference between the amount of tax that was paid previously with a farming use exemption, and the current market value assessment for the property....
How Do I Pay Nevada Taxes as a Consultant?
There is no corporate income tax in Nevada. However, there is a gross receipts tax on your consulting services and a few other tax obligations that business owners need to understand. As a consultant working in Nevada, it's important to be aware of the state's tax laws. Knowing how and when to pay these taxes can...
How to Get Rid of Third-Party Debt Collectors in California
The best way to eliminate third-party debt collectors in California is to fight them. Whatever you do, don't let them win or get the upper hand. This is one of those situations where knowledge is power. Are you being harassed by third-party debt collectors in California? If so, then it's time to take action and fight...
How Long Can Creditors Collect on a Debt in California?
The statute of limitations on commercial debt is four years in the state of California. Do you have unpaid debts in California? If so, it's essential to understand the statute of limitations on debt collection. Creditors have four years from the date of a debtor’s last payment or acknowledgment of the debt to collect...