global news
What to do when unemployment runs out in Arkansas?
If you have not become re-employed by the time your unemployment insurance is exhausted (drawn out), contact your local office to determine if or when you...
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Global News
global news
How do I enter a 1099-MISC for royalty income?
With your return open, search for 1099-MISC and select the Jump to link in the search results. When you enter your 1099-MISC, enter the income in Box 2 – ...
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global news
Does my husband have legal rights to my house?
If you are married then you have a right to live in your home, even if your home is only in your husband or wife’s name. This is known as matrimonial home...
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What happens to mail during change of address?
If you feel like living on the edge and forgoing the whole change of address process, the post office will collect your mail and store it for a maximum of...
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global news
How do I get an ITIN number in NJ?
How do I apply for an ITIN? Complete IRS Form W-7. The W-7 is a one-page form. File a valid federal income tax return. This will probably be IRS Form 1040...
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Can an LLC pay a mortgage?
An LLC can deduct interest paid or accrued for mortgages or loans as long as the LLC uses proceeds for business purposes. Does refinancing affect property...
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How are gambling winnings and losses reported on taxes?
If tax is withheld from your gambling winnings, you will be sent a W2-G form from the payer. You may deduct gambling losses if you itemize your deductions...
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Can an S Corp own a foreign subsidiary?
No Foreign Subsidiaries An S corporation can legally own a foreign subsidiary, but the foreign subsidiary cannot achieve QSub status. An S corporation mus...
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What happens when an apartment building is sold?
When an apartment building sells, new landlords frequently make changes. While frequently a number of minor administrative changes are made, most tenants ...
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global news
What if I buy a car out of state California?
However, if you purchase your out-of-state vehicle in California, and plan to drive the car from the dealership, you must pay California’s sales tax. You ...
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