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Where does sales appear in final accounts?
Sales Account − Total Sale of the traded goods including cash and credit sales will appear at outer column of the credit side of Trading Account as “By Sa...
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Can I cash out a small IRA?
If you withdraw money from a traditional IRA before you turn 59 ½, you must pay a 10% tax penalty (with a few exceptions), in addition to regular income t...
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How long does it take to get a determination letter from unemployment in GA?
within 21 days You should normally receive a written decision on whether you are eligible to receive unemployment insurance benefits within 21 days from t...
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What is the maximum age permitted for a pensioner applicant?
Eligible Applicants Retired from PSU insurers, PSUs, Nationalized Banks, Central Govt. & State Govt. and drawing pension under Defined Benefit Pension...
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Can I sign up for Medicare tomorrow?
If you don’t enroll in Medicare during the initial enrollment period around your 65th birthday, you can sign up during the general enrollment period betwe...
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What happens to bank account when a spouse dies?
Many banks allow their customers to name a beneficiary or set the account as Payable on Death (POD) or Transferable on Death (TOD) to another person. If t...
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How far back should tax records be kept?
3 years Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a...
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When do you add notes to partnership tax return?
6 April 2019 The Partnership Tax Return form and notes have been added for tax year 2018 to 2019. 6 April 2018 The form and notes have been added for tax ...
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What is a household employee for tax purposes?
Nannies, babysitters, housekeepers, and gardeners are all considered to be household employees. As of 2020, all new household employees must fill out the ...
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Can a corporation be a W-2 employee?
A corporation is a legal entity separate from its owners, so a member of an LLC that is treated like a corporation can receive W-2 income like any other e...
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