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Can you be a US permanent resident forever?
As the name suggests, permanent resident status is generally constant. It’s granted to people who intend to live in the United States for the foreseeable ...
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Global News
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Can a divorce be final before the end of the year?
If your divorce was final before the end of the tax year, you cannot file a joint return. The filing status of single applies to filers who are unmarred, ...
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What happens if you get a letter from the IRS?
With a social security number they could even steal your identity. The IRS does not ask for personal information via email or social media, but even if yo...
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Does a sole proprietor have to register with the state of Texas?
How do I register my online business? You don’t have to register a sole proprietorship in Texas. If you want to register to pay state taxes, visit the Tax...
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Does CA allow moving expense deduction?
If you moved in connection with your job or business or started a new job, you may be able to take this deduction. For California, use FTB Schedule CA (54...
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What cases go to US Tax Court?
Trial Courts The United States Tax Court hears only federal tax cases. If this Court is chosen, the taxpayer does not have to pay the disputed tax prior t...
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Can interest paid on personal loan tax deductible?
Personal Loan Tax Exemption Indian Income Tax Act allows for various tax deduction and exemptions on interest expenses and principal repayment for an educ...
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Can an existing company become a holding company?
How can I create a holding company? Holding companies can be set up in the same way as any other private limited company is formed. However, it must essen...
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How to make payments to the Internal Revenue Service?
Make monthly payment directly from a checking or savings account (Individuals only) Make monthly payment electronically online or by phone using Electroni...
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Can I call the IRS about my amended return?
Answer: You can check the status of your Form 1040-X, Amended U.S. Individual Income Tax Return using the Where’s My Amended Return? online tool or by cal...
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