updates
Do I need a home report to sell my house?
There are some circumstances when you do not have to produce a Home Report, for example if you are going to sell your property to a private individual wit...
Category: Updates
updates
Is there a difference between 1099 and 1099-Misc?
The 1099-R refers to retirement income, while the 1099-MISC is for independent contractors and freelancers who perform a service for someone during the ta...
updates
Do I have to pay taxes if I work in Mexico?
Resident individuals are subject to Mexican income tax on their worldwide income, regardless of their nationality. Non-residents, including Mexican citize...
updates
What are the sources of income in New York?
If you are a part-year resident, your New York source income is the sum of: all income reported on your federal return for your New York State resident pe...
updates
Will I lose my survivor benefits when I turn 65?
Allowance for the Survivor benefit If he or she continues to meet the eligibility criteria, the allowance stops the month after the survivor turns 65. At ...
updates
Can a spouse be the sole owner of a LLC?
Another solution if the single-member status is desired, is to have one spouse to be the sole owner of the LLC and be a “disregarded” entity. A disregarde...
updates
How far is a question sample?
Questions beginning with HOW FAR How far can he walk? How far can she run? How far can it work? How far can it go? How far can she travel? How far can I w...
updates
How do I respond to IRS 972CG?
How to Respond to the Notice 972CG? Employers who received Notice 972CG from the IRS must respond within 45 calendar days from the notice date. Foreign fi...
updates
When does the Statute of limitations on payroll tax expire?
Collection Statute Expiration Date. When a company has been assessed with delinquent payroll taxes, the IRS has 10 years to collect what is owed under the...
updates
Can student J-1 visa work off campus?
Off-Campus Employment As an international student, you may be allowed to work off campus if you are faced with an unforeseen economic hardship which arise...
updates
Can I use my Uber car for personal use?
Should you choose to drive a vehicle you do not personally own, you must be listed as an insured driver on this vehicle’s insurance policy. If your vehicl...
updates
Can a part time job help pay for college?
For years, the federal work-study program has allowed students to earn money through part-time work. Some jobs help students pay tuition. One of the best ...
updates
Does a 1099-SA count as income?
The IRS requires you to prepare Form 8889 and attach it to your tax return when you take a distribution from an HSA. However, if your 1099-SA indicates yo...
