Misc Tax Stuff
The acronym IRS stands for _________?
What is Internal Revenue Service?
This is the person who is considered the founder of BNI.
Who is Dr. Ivan Meisner?
If you are en employee, this is the form your employer sends you with your wages for the year. It is due to you by January 31st.
What is W-2?
Ross Rushton's favorite football team is?
Who are the Pittsburgh Steelers?
This is the name of the CA state tax authority.
What is Franchise Tax Board or FTB?
What is the name for the divisions at which different levels of tax are imposed?
What is Tax Brackets?
When you have a face-to-face meeting with another BNI member, that is called a __________?
What is 1-2-1?
If you an independent contractor or sole-proprietor, you likely receive this Form from your employers or clients.
What is a 1099?
John Lisle is originally from this country.
What is Australia?
This is the commonly used name for the tax law overhaul passed in December 2017.
What is TCJA or Tax Cuts & Jobs Act?
This is the term used to describe someone who lives with you, for whom you also provide more than half the support for.
What is Dependent?
What does the acronym BNI stand for?
What is Business Network International?
If a person is is itemizing their deductions, what tax form must they complete?
What is Schedule A?
The name of Georgia's massage school is?
What is Massage Therapy Institute?
This is the parent agency of the IRS. You may have written a check to them in the past
What is the Treasury Department?
The term used to describe your tax forms being chosen for examination by the IRS.
What is Audit?
The BNI region to which BNI On The Grid belongs recently changed its name. What is the new name of the region?
What is California Capital Region?
In order to file their taxes, all individuals must complete one of these two forms. What are these forms?
What are 1040 and 1040EZ?
Name two people in BNI On The Grid who attended UC Berkeley.
Who are Patrick Stelmach, Franco Garcia.
If you own a business and file taxes for that business, you are either a sole-proprietor or a(n) ________?
What is an entity?
If you pay more in taxes than you were supposed to, you should be entitled to a _________?
What is refund?
When John Lisle joined BNI, how many Americans did he know?
What is 3?
If you receive money from a partnership, estate, or S-Corp, your income and losses will be reported on this Form, which must be used to complete your personal tax return.
What is Form K-1?
Charlotte Brown plays this racquet sport on Sunday mornings.
What is racquetball?
This is the name for the gradual loss of value of business property over time. Depending on the property you can take a deduction on this loss of value over time or all at once.
What is depreciation?