business
How do I know if my federal tax return was received by mail?
If you are expecting a refund you can check the IRS website Where’s My Refund 4 weeks after mailing your return. After 2-3 weeks have passed you may also ...
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Business
business
What is the New York estate tax exemption for 2021?
$5,930,000 The current New York estate tax exemption amount is $5,930,000 for 2021. Under current law, this number will remain until January 1, 2022, at w...
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business
Is age 55 consider a senior?
The age of a senior citizen varies according to the source. For example, according to Medicare, a senior is 65 years old or older. In general, however, on...
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business
Can I have a traditional IRA and a self-directed IRA?
Yes, Yes, you can establish a new Traditional or Roth self-directed IRA, and can make new contributions according to the contribution limits and rules fou...
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business
How do I know if I owe the IRS?
You can access your federal tax account through a secure login at Once in your account, you can view the amount you owe along with details of your balance...
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business
Who is considered a California employer?
Generally, a business operation registered in California and having at least one employee working in California is considered a California employer. Is CA...
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business
How many houses can you buy with one mortgage?
Technically speaking, there’s no limit on the number of mortgages you can have. However, in the real world of real estate investing, financing multiple pr...
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business
Should I resubmit my tax return?
You don’t have to redo your entire return, either. Just show the necessary changes and adjust your tax liability accordingly. You generally must file an a...
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business
Does the IRS monitor business bank accounts?
The Short Answer: Yes. The IRS probably already knows about many of your financial accounts, and the IRS can get information on how much is there. But, in...
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business
What does in state resident mean?
What is an in-state resident and out-of-state resident? In-state residents live and pay taxes in the same state as the public institution. Out-of-state re...
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