global news
Who is eligible for the first stimulus check?
If you are a US citizen or resident for federal income tax purposes but live in one of the Freely Associated States, you may be eligible for a payment fro...
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Global News
global news
Will tax filing be extended again in 2021?
Due to the COVID-19 pandemic, the federal government extended this year’s federal income tax filing deadline from April 15, 2021, to May 17, 2021. If you ...
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global news
Can a company be a non-resident?
A Company will be a non-resident in any previous year if: it is not an Indian company and. its place of effective management, in that year, is not in Indi...
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What legal documents do I need for a corporation?
Here are 10 must-have legal documents you need to start a new business. Business Plan. DBA. Partnership Agreement. Incorporation Documents. LLC Articles o...
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Do you have to mail amended tax return?
Be advised – you can’t e-file an amended return. A paper form must be mailed in. You should consider filing an amended tax return if there is a change in ...
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How long will paper checks take for stimulus?
It took about three weeks for paper checks to start rolling out to those who qualified for the first round of stimulus payments; this round has taken abou...
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How to get an identity protection pin from the IRS?
Get An Identity Protection PIN | Internal Revenue Service Get An Identity Protection PIN (IP PIN) An Identity Protection PIN (IP PIN) is a six-digit numbe...
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How do I pay my late taxes online?
1. Steps to Pay Income Tax Due Step 1: Select Challan 280. Go to the tax information network of the Income Tax Department and click on ‘Proceed’ under Cha...
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What do you need to know about form 8802?
General Instructions. Purpose of Form. Form 8802 is used to request Form 6166, a letter of U.S. residency certification for purposes of claiming benefits ...
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What happens when you use accelerated depreciation?
Because depreciation is accelerated, expenses are higher in earlier periods compared to later periods. Companies may utilize this strategy for taxation pu...
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