education
Does a personal injury settlement Affect Medicaid?
If an individual receives a personal injury settlement during a period of Medicaid eligibility, they will be prohibited from receiving future Medicaid ben...
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Education
education
How long does it take to get tax refund after paper?
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If ...
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education
When did you become a citizen of Germany?
Children born out of wedlock to a German father after July 1, 1993 acquired German citizenship if (among other requirements) paternity had been establishe...
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education
Does an S Corp have to pay Capital Gains Tax?
According to the IRS: Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income. It is trea...
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education
Do you pay capital gains when exercising options?
If you exercise the nonstatutory option, you must include the fair market value of the stock when you acquired it, less any amount you paid for the stock....
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education
Why are millionaires buying farmland?
Other billionaires such as Jeff Bezos (and a long list of other billionaires) have also been in the land acquisition business. The reasons billionaires ha...
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education
Where do I report funeral expenses on 1041?
The cost of a funeral and burial can be deducted on a Form 1041, which is the final income tax return filed for a decedent’s estate, or on the Form 706, w...
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education
When do you have to file 2016 tax return?
To claim the refund, a return for tax year 2016 must be filed by July 15, 2020.” In Notice 2020-23 PDF, the IRS extended the due date for filing tax year ...
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education
Why did I receive a lock in letter from the IRS?
What happens if the IRS determines that I do not have adequate withholding? We can tell your employer to withhold federal income tax at an increased rate....
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education
Can I view my 2019 taxes online?
Taxpayers may also obtain a tax transcript online from the IRS. Use Get Transcript Online to immediately view the AGI. Select the “Tax Return Transcript” ...
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