education
Can I get my 2018 AGI over the phone?
No, but if you are looking for your Adjusted Gross Income from a previous year you can order a free transcript via online or mail from the IRS. Can I look...
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Education
education
Is it easy to sell a million dollar home?
Fortunately, getting your first million (or multimillion) dollar listing is easier than you’d think. In fact, the inner workings of the luxury real estate...
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education
Why is my income doubled in QuickBooks?
Does your QuickBooks Online shows duplicated income? This is a common user error in QuickBooks Online. This happened because you made customer Sales Recei...
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education
How are capital gains taxed when you sell your stock?
You decide you want to sell your stock and capitalize on the increase in value. The profit you make when you sell your stock (and other similar assets, li...
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education
What are the IRS rules on receipts for business expenses?
The IRS requires receipts on transactions over $75. Receipts attached to expense reports offer proof of purchase, settle reporting errors, and support aud...
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education
What is Section 88d?
Deductions available under Section 80D of the Income Tax Act You are allowed to claim a deduction of up to Rs. 25,000 per budgetary year for medical insur...
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education
Do you have to pay taxes on a side hustle?
When you have a side hustle, the IRS has different rules for you. Technically, if you earn more than $600 in a calendar year, you have to report that inco...
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education
Can DBA be transferred?
DBAs can also transfer to a third party. An owner may want to transfer their DBA to another person or entity for any number of reasons, with the most comm...
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education
What happened on the 17 October?
October 17th, 1965 : The New York World’s Fair ended which had started in 1964. October 17th, 1989 : A major earthquake registering 6.9 on the Richter sca...
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education
Are collection agency payments tax deductible?
INFORMATION ON DEDUCTING COLLECTION EXPENSES You can generally deduct collection fees regardless of if you are able to recover all, some, or none of the m...
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