Payroll
Are the funds for an FSA account "use it or lose it"?
Yes
What is the minimum amount for a 1099-NEC in 2026?
$2,000.00
Where is the tech tip sheet everyone should be updating in sharepoint?
Knowledge Base Folder
When asked about their dream wedding who said they want to be like a disney princess?
Jenee
What type of entity qualifies for the QBI?
Sole Proprietor
S-Corp
LLC
Which federal tax has a wage limit:
Social Security or Medicare?
Social Security
Does a C-Corp qualify for QBI?
No
In QBO can you merge 2 transactions?
No, you can merge duplicate accounts, customers and vendors.
Who said they would be a nepo baby?
Mike
What type of entity has a common or preferred stock?
C-corp
What is the medicare tax percentage?
1.45%
Are all types of Meals 100% tax deductible?
No, some are 100%, some are 50% and some are 0.
Where do you update your email preferences in Bill.com?
User settings - Profile - email preferences
Who said they would do gymnastics if they were a kid again?
Christina
What type of entity can have a single or multiple members?
LLC
Are employee healthcare deductions pre-tax or post tax?
Pre-tax
What is section 179 for?
To deduct the full purchase of equipment for fixed assets
What application do we use that is beta testing the ability to have Ai rename files that are uploaded?
Financial Cents
Who said they would want a lifetime supply of laundry soap?
Aly
What is the easiest type of entity to form?
Sole proprietor
Is the Roth 401K pre-tax or post tax?
Post tax
What are the 2 new payroll tax benefits to employees in 2026?
No tax on tips and overtime
What is the name of the new bank feed in Expensify?
Plaid
When asked to create your own title for a tv episode, who said "Blessings on the way"?
RA
What type of entity issues a K1?
Partnership
LLC
S-corp