culture
What do accountants look for in a small business?
Wherever they happen to be based, make sure they’re an expert in the tax laws that apply to your business. Choose a certified or chartered accountant. Loo...
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local updates
Do retired police officers have life insurance?
Life insurance for retired police officers Retired members of the police force have whole of life cover options available that could provide a much larger...
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culture
Do I need to issue a 1099 to my real estate agent?
Property owners do not need to complete a 1099-MISC for the commissions they pay to real estate professionals because this activity is not part of their t...
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culture
How old do you have to be to file tax return?
For tax year 2019, you will need to file a return if you are unmarried and at least 65 years of age, and your gross income is $13,850 or more. When do sen...
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technology insights
Can you sue for unemployment?
No, there is no legal basis to sue an employer for exercising their legal right to contest unemployment benefits. They may be wrong in doing so but hey ha...
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education
Who is required to file a Form 1120 tax return?
An entity filing a Form 1120 U.S Corporation Income Tax Return is a domestic corporation (or association electing to be taxed as a corporation). Such an e...
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science
Do you have to report a 1099-s?
If you do receive Form 1099-S, you must report the sale of your home on your tax return, even if you do not have to pay tax on any gain. Does 1099-S go on...
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environment
At what point can medical expenses be deducted?
For tax returns filed in 2021, taxpayers can deduct qualified, unreimbursed medical expenses that are more than 7.5% of their 2020 adjusted gross income. ...
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health
Can someone claim me as a dependent if I receive SSI?
Social security income is support provided by the individual, and government assistance, like SSI, is support that comes from a third party. So, if most o...
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science
What to do if your husband owes back child support?
You can file an injured spouse form 8379 which can help you get back your portion of the refund. June 4, 2019 2:36 PM If my husband owes back child suppor...
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