education
What is reimbursement for childcare?
A dependent care reimbursement account allows employees to set aside some pretax income (up to $5,000 in 2014) for the express purpose of paying for depen...
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local updates
When did my federal tax return get rejected?
February 17, 2021 8:05 AM Federal Tax return electronic filing rejected – now what? I submitted my 2020 Federal Tax return electronically and it was rejec...
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science
When do you need to file a LLC 1065?
Form LLC 1065, or Return of U.S. Partnerships Income, is required when filing earnings for a business partnership. Do you have to file Form 1065 if you ha...
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local updates
How much does it cost to dissolve a partnership?
There is no filing fee. Under California law, other people generally are considered to have notice of the partnership’s dissolution ninety (90) days after...
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culture
What does it mean to have your business audited?
An audit examines your business’s financial records to verify they are accurate. This is done through a systematic review of your transactions. Audits loo...
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environment
Can my new wife get my pension?
A pension earned during marriage is generally considered to be a joint asset of both spouses. Most retirement plans will pay pension benefits directly to ...
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arts
What is base erosion payment?
Base erosion payment. A base erosion. payment is any amount paid or accrued by. a taxpayer to a foreign person (as defined. in Regulations section 1.59A-1...
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global news
How long can you live in Canada as a permanent resident?
five years To keep your permanent resident status, you must have been in Canada for at least 730 days during the last five years. These 730 days don’t nee...
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local updates
Is the IRS still using the e file pin?
After the April filing deadline, the IRS announced it was closing its e-filing PIN service in June 2016. While shuttering the e-file PIN program means you...
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global news
How is Illinois replacement calculated?
What are the rates? Corporations pay a 2.5 percent replacement tax on their net Illinois income. Partnerships, trusts, and S corporations pay a 1.5 percen...
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