global news
Is a trustee the same as an administrator?
A trustee is the person in charge of a trust. An administrator is the person appointed by the probate court to oversee a decedent’s estate when there is n...
Read Journal 
global news
Are partners entitled to reimbursement?
Many Partnership Agreement include a reimbursement provision which usually provides wording which specifically requires reimbursement for defense costs an...
Read Journal
global news
Are 2019 moving expenses tax deductible?
IRS moving deductions are no longer allowed under the new tax law. Unfortunately for taxpayers, moving expenses are no longer tax-deductible when moving f...
Read Journal
education
How do you qualify for additional Child Tax Credit?
To be eligible for the child tax credit, the child or dependent must: Be 16 years or younger by the end of the tax year. Be a U.S. citizen, national, or r...
Read Journal
technology insights
Do retirement plans have annual contribution limits?
There are limits to how much employers and employees can contribute to a plan (or IRA) each year. The plan must specifically state that contributions or b...
Read Journal
local updates
What is the main reason that the United States government collects taxes?
We pay taxes to fund a variety of federal, state, and local services. Half of Americans’ tax burden is for federal programs. Most of this pays for Social ...
Read Journal
health
Can you start a business as a non US citizen?
The American dream of business ownership in the United States is not limited to only U.S. citizens. Neither citizenship nor residency is required to start...
Read Journal
arts
Are RSUs taxed as income?
Taxation. With RSUs, you are taxed when the shares are delivered, which is almost always at vesting. Your taxable income is the market value of the shares...
Read Journal
health
Is there a solar tax credit for 2019?
Today, the solar tax credit is still available to both home and business owners. Here are some of the details: 2019-The solar tax credit remains at 30% 20...
Read Journal
education
Should my W-2 match my salary?
Meanwhile, your Form W-2 shows your taxable wages reported after pre-tax deductions. That’s why your W-2 doesn’t match your last pay stub. Unless you opt ...
Read Journal