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Do I need UTR for self assessment?
A UTR (unique taxpayer reference) number is a 10-digit number completely unique to each and every UK taxpayer. Whether the taxpayer is to register for sel...
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Global News
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Can I get a copy of my 1040 online?
To request either transcript online, go to and look for our new online tool, Order a Transcript. To request a 1040, 1040A or 1040EZ tax return transcript ...
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Which states require parents to pay for college?
The following states have laws or case law that give courts the authority to order a non-custodial parent to pay for some form of college expenses: Alabam...
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Who is considered next of kin in Kentucky?
Who Is Next Of Kin For Intestate Inheritance In Kentucky? Survivors of the Decedent Inheritance of Intestate Estate Children, no surviving spouse – 100% t...
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Where can I get a copy of my current year W-2?
The quickest way to obtain a copy of your current year Form W-2 is through your employer. Your employer first submits Form W-2 to SSA; after SSA processes...
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What percentage of 70 year olds are still working?
A 2016 report from Stanford University shows that 17% of Americans between 70 and 74 were still working at least 10 hours weekly in 2012, up from about 12...
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Is 1099 considered earned income?
Since income on Form 1099-R is unearned income, it does not count as earned income for the purposes of figuring the amount of the EIC. For example, in 201...
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Do you have to pay taxes on settlement checks?
Settlement money and damages collected from a lawsuit are considered income, which means the IRS will generally tax that money, although personal injury s...
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Is a van loan tax deductible?
Vans are classified as plant and machinery for tax purposes. As such they qualify for 100% allowances under the Annual Investment Allowance regime. This m...
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How do I calculate depreciation on a 1031 exchange?
Simply take its acquisition cost and subtract the capital gain you’re deferring in the exchange. In our example, the $200,000 acquisition cost minus the $...
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