Recent content by Sunita

Yes — Google Finance provides real-time market data (stock/ETF prices, indices, currencies) and basic charts and news that are useful for long-term investors to track performance and trends. It’s free and easy to use, but compared with more advanced platforms (like Yahoo Finance, Bloomberg...

World finance usually refers to the global system of financial markets, economic policies, and international trade. In practice, discussions tend to focus most on global financial markets, with policies and trade seen as key forces that influence those markets.

Auditors don’t check every transaction — they use sampling and risk-based procedures. They: Assess internal controls and key risk areas. Test samples of transactions and account balances. Confirm balances with third parties (e.g., banks, customers). Review supporting documents and analytical...

Choose a structure: Sole proprietorship = simple, but no liability protection. LLC = protects personal assets, moderate setup cost. Register your business name with your state. File formation documents (e.g., Articles of Organization for an LLC). Get an EIN from the IRS (free at irs.gov)...

New York State Department of Taxation and Finance says that for individual income tax returns, “the cost of tax-preparation software always includes the e-filing service; New York State law prohibits additional charges.” With TurboTax: If you are using the desktop/download version the state...

The standard federal deadline for most individuals to file a 2025 tax return is April 15, 2026. Tax Services Support+2CalendarDate+2 If you file for an extension, the due date moves to October 15, 2026 for most. Tax Services Support+1 As for state returns: most states align with the federal...

Your Adjusted Gross Income (AGI) is your total income minus certain adjustments (like IRA contributions or student loan interest). On the IRS Form 1040, it’s found on line 11—this number is important because it’s used to determine your eligibility for many tax credits and deductions. For...

Income basis” usually refers to the method used to determine when income is recognized for tax purposes—most often the cash basis or accrual basis. Cash basis: You report income when you actually receive it and deduct expenses when you pay them. Accrual basis: You report income when it’s...

ExcelPayroll (Summary): ✅ Pros: Free, Excel-based, easy for small teams (under ~10–20 staff). Handles basic pay, deductions, and tax forms. Good if you’re comfortable with Excel and want full control. ⚠️ Cons: Limited features — no direct deposit, automation, or online filing. You must...

A comparative statement is a financial report (like a balance sheet or income statement) that shows figures for two or more accounting periods side by side. Purpose: It helps analyze changes and trends in financial performance — for example, how revenue, expenses, or assets have increased or...

Payroll ATMs (also called on-demand pay or earned wage access) let employees withdraw part of their earned wages before payday — often through a payroll card or app linked to the employer’s payroll system. How they differ: Direct deposit: Pay on a fixed schedule into a bank account. Payroll...

When employees work in multiple states, employers must manage three main areas: State income tax withholding – Withhold taxes based on where the employee works (sometimes their home state if reciprocity applies). Register for tax accounts in each state where you have obligations. State...

Yes — the TurboTax Free Edition is truly free only if you have a very simple tax return (just Form 1040 with W-2 income, standard deduction, and maybe a few basic credits). If you have more-complex income, itemize, have self-employment, rental income or additional schedules, you’ll likely need...