updates
Can your employer tell if you are working from home?
As a general rule, if you’re using your employer’s equipment while on your employer’s network, your employer has the right to monitor everything you do, w...
Category: Updates
updates
How much is an acre of land in Texas 2021?
Prices by region In Central Texas, Austin-Waco-Hill Country prices rose 7.07% to $4,424 per acre. The abundance of West Texas sales saw regional prices gr...
updates
Can you freelance on O-1 visa?
There is no such thing as a “freelance” work visa in the United States. With very few exceptions, nearly every work visa in the US must be sponsored by a ...
updates
Is it hard to get a commercial property loan?
Applying for a commercial mortgage can be slow and often requires a lot of documentation. At the other extreme, you might be able to secure a hard-money l...
updates
Are donated professional services tax-deductible?
Any professional work that is done pro bono has limitations to what you can claim. From the IRS, they state that “Although you cannot deduct the value of ...
updates
Is 1099-r state or federal?
The 1099-R form is an informational return, which means you’ll use it to report income on your federal tax return. If the form shows federal income tax wi...
updates
What type of business is joint venture suitable?
Horizontal Joint Venture Similarly, this form of Joint venture is between two business entities producing the same goods or services. The benefit of this ...
updates
Are domestic partners considered married in California?
No. While California generally treats registered domestic partners and married couples equally in terms of rights and responsibilities, the federal govern...
updates
Do you have to send a 1099 to an independent contractor?
If the company paid you less than $600, it doesn’t have to send you a 1099-MISC. A Form 1099-MISC is to independent contractors what the Form W-2 is to em...
updates
Do I need to report 401k on taxes?
You don’t have to pay taxes on money that stayed in your 401(k) plan. Per IRS guidelines, your employer doesn’t include your pre-tax contributions in your...
updates
What is the IRS form 8283?
Individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction...
updates
How to determine if you qualify for the foreign earned income exclusion?
If you meet certain requirements, you may qualify for the foreign earned income and foreign housing exclusions and the foreign housing deduction. You can ...
updates
When can I claim my second self employment grant?
A second and final grant will be available when the scheme opens again in August 2020. If you’re eligible and want to claim the first grant you must make ...
