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Why does the 2020 W-4 look different?
Form W-4, which instructs employers how much tax to withhold, got a makeover for 2020 from the Internal Revenue Service. The redesign reflects changes to ...
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Can a LLC elect to be a S corporation?
An LLC may to elect to be an S corporation only if it meets all the following tests. It is (a) a domestic corporation, or (b) a domestic entity such as an...
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What happens if I use my 401k to buy a house?
Amounts withdrawn from your 401(k) plan and used toward the purchase of your home will be subject to income tax and a 10% early-distribution penalty (if y...
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Can I get VA disability and military retirement?
Concurrent Retirement and Disability Pay (CRDP) allows military retirees to receive both military retired pay and Veterans Affairs (VA) compensation. CRDP...
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Are there any CPAs specializing in international tax law?
We are a team of Tax Attorneys, CPAs and EAs in a law firm experienced in international tax law, so you can count on our experience and knowledge. Today, ...
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What is a business partner relationship?
A business partner is a commercial entity with which another commercial entity has some form of alliance. This relationship may be a contractual, exclusiv...
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What are the advantages of buying a business rather than starting one from scratch?
Rather than starting your own business, you could purchase an existing one instead. Buying an already established business will allow you to avoid the oft...
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Can a married couple sponsor a US citizen?
Married couples can sponsor each other, so that if one spouse is a US citizen or permanent resident, he or she can sponsor their husband or wife to enter ...
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What is the saying about the first step?
The first step toward change is awareness. The second step is acceptance. The first step toward success is taken when you refuse to be a captive of the en...
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How do you interview a bookkeeper position?
You can ask general, open-ended questions such as the following: “Tell me about yourself.” “Why did you apply for this bookkeeping position?” Why did you ...
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