technology insights
How many properties can individuals hold?
As per the Income Tax Act, only one house under the possession of the assessee can be treated as self-occupied. The other house/houses will be “deemed to ...
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Technology Insights
technology insights
How much does the IRS owe in back taxes?
That’s okay. If you find yourself with income-tax debt, you aren’t alone. According to the U.S. Internal Revenue Service (IRS) Delinquent Collections Acti...
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technology insights
Whats a good job for a military wife?
9 Jobs for Military Spouses That Move with You ABA Therapist. Computer Support Specialist. Graphic Designer. Healthcare — Especially for the Elderly. Marr...
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technology insights
When do you ask the dreaded salary question?
Don’t fall for it. “I call this The Dreaded Salary Question and it’s tricky because it usually comes up early in the interview process, and most candidate...
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technology insights
Is gift a direct tax?
Gift tax is a direct tax. A new provision was introduced in the Income Tax Act, 1961 under section 56 (2). According to it, the gifts received by an indiv...
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technology insights
Can you have a joint account with an adult child?
Even with the potential drawbacks, people utilize joint bank accounts because they need a way to connect their finances with their family members. But the...
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technology insights
How can I access all my medical records?
How to Request Your Medical Records. Most practices or facilities will ask you to fill out a form to request your medical records. This request form can u...
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technology insights
Where are the Airpods cheapest?
Basically, the cheapest countries to buy AirPods are Japan (US$153.07), Malaysia (US$153.16), Sweden (US$166.28), Australia (US$168.93), and Singapore (US...
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technology insights
What gifts have to be reported to the IRS?
Cash gifts up to $15,000 per year don’t have to be reported. Excess gifts require a tax form but not necessarily a tax payment. Noncash gifts that have ap...
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technology insights
What can you write off with an S corp?
S-Corp Tax Deductions Ordinary business expenses such as rent, taxes, advertising, company-provided employee benefits, depreciation and interest can be su...
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