local updates
Can I sponsor my husband to Canada if I am a student?
Yes, you may be able to bring your spouse or common-law partner, and dependent children, with you to Canada. They may be eligible for a study or work perm...
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business
How do I file an amended w2?
To correct a Form W-2 you have already submitted, file a Form W-2c with a separate Form W-3c for each year needing correction. File a Form W-3c whenever y...
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education
Can you take casualty loss in 2018?
For tax years 2018 through 2025, you can no longer claim casualty and theft losses on personal property as itemized deductions, unless your claim is cause...
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technology insights
Does being terminated affect employment?
Being fired from your job can be both a humiliating and terrifying experience. Plenty of people are fired, and it doesn’t affect their ability to get anot...
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culture
What falls under qualified improvement property?
Qualified improvement property is an improvement made by the taxpayer to an interior portion of a nonresidential building if the improvement is placed in ...
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environment
Can you withdraw money from stock investments?
You can only withdraw cash from your brokerage account. If you want to withdraw more than you have available as cash, you’ll need to sell stocks or other ...
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global news
Can excess contributions be rolled over?
IRAs: You can roll over all or part of any distribution from your IRA except: A required minimum distribution or. A distribution of excess contributions a...
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health
Can you use 1031 funds for renovation?
No matter which combined strategy you choose, the Improvement 1031 Exchange allows you to acquire your replacement property and use some of your 1031 Exch...
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local updates
Can a single taxpayer with no children claim the EIC?
If you don’t have a qualifying child, you may be able to claim the EITC if you: Earn income below a certain threshold. Live in the United States for more ...
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environment
When should I itemize my deductions?
You should itemize deductions if your allowable itemized deductions are greater than your standard deduction or if you must itemize deductions because you...
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