education
What do I need to do when moving into a new rental?
Follow this easy checklist for a smooth move into your new home: Sign the lease. A tenancy agreement or lease outlines the rights and responsibilities tha...
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Education
education
Is Cash us a situs property?
Cash in a U.S. bank account is not a U.S. situs asset for estate tax purposes. In contrast, for gift tax purposes, U.S. situs assets include only real est...
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education
Are attorney fees considered damages?
[1] Ordinarily, fees paid to attorneys are not recoverable from the opposing party as costs, damages or otherwise, in the absence of express statutory or ...
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Is an ex-spouse entitled to an IRA after divorce?
Divorce does not usually change a beneficiary designation unless the divorce decree makes a stipulation to change it. By addressing the issue of IRAs as p...
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education
Do I need a 1099 from Uber?
What is the 1099-NEC? Uber will provide you with a 1099-NEC if you received at least $600 in non-rider payments (e.g., referrals, on-trip promotions). Lea...
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education
Is Travel Nursing worth it without a tax home?
In any case, if you do not have a tax home, then you’ll need to declare any tax-free compensation variables on your income tax return. In the end, I think...
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education
How does SBA 7a guarantee work?
The SBA guarantees 7(a) Loans up to a certain percentage. The amount the SBA guarantees varies based on the amount of the loan. For loans up to $150,000, ...
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education
When do I have to file a 1041 for an estate with no income?
Not every estate is required to file Form 1041 for income earned. If the estate has no income producing assets or the annual gross income is less than $60...
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education
Can I rollover funds into a traditional IRA?
Can I roll over assets into my Traditional IRA? Yes, you can but it’s important to be aware that if you do roll pre-tax 401(k) funds into a traditional IR...
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education
What does it mean to apply overpayment to 2021 taxes?
What does “Apply Overpayment to 2021 taxes? ” mean and that i have an overpayment of $365? It means that last you year (2020) more taxes were withheld fro...
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