health and wellbeing
Can I carryover rental losses?
If you’re not able to deduct your rental losses, the IRS allows you to carry the losses forward into future tax years to deduct against future rental prof...
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culture and society
Do I have to report my home sale to IRS?
Reporting the Sale Report the sale or exchange of your main home on Form 8949, Sale and Other Dispositions of Capital Assets, if: You have a gain and do n...
data and analysis
Do you issue a 1099 for legal fees?
If you pay $600 or more in legal fees to any law firm or other provider of legal services in the course of your trade or business, you must file a 1099-MI...
education and learning
Can my wife move to the US?
If you are a U.S. citizen you have two ways to bring your foreign spouse (husband or wife) to the United States to live. They are: Immigrant visa for a Sp...
data and analysis
How do you calculate excess contribution to Roth IRA?
Calculate your excess Roth IRA withdrawal by subtracting your contribution by the contribution limit. For example, if you contributed $5,000 but received ...
culture and society
Who do I contact about repaying student loans?
The myeddebt.ed.gov website helps student loan borrowers, who are in default, to arrange debt payments. There are multiple ways to contact the Default Res...
data and analysis
How do I get Texas agricultural or timber registration?
To claim a tax exemption on qualifying items, you must apply for an agricultural and timber registration number (Ag/Timber Number) from the Comptroller. Y...
health and wellbeing
What is subject to MA use tax?
Use tax is due when: The total purchase price of many imports is subject to “use tax.” Goods are purchased and imported into Massachusetts for personal us...
media and communication
How much can an employee contribute to a solo 401k?
Contribution limits in a one-participant 401(k) plan The owner can contribute both: Elective deferrals up to 100% of compensation (“earned income” in the ...
health and wellbeing
How does charitable remainder trust work?
A Charitable Remainder Trust (CRT) is a gift of cash or other property to an irrevocable trust. The donor receives an income stream from the trust for a t...
culture and society
Do you have a joint account with your mother?
You would have to consult with a PA attorney experienced with the Multiple-Party Account statute in GA, but it would appear that the answer to your questi...
culture and society
How long does an employer have to hold a job for someone on disability in New York?
It depends on whether the disability is work related or not. If work related usually 1 year. If not work related, if you qualify under family medical leav...
global affairs
How much profit do property management companies make?
NARPM did a survey that said 20 percent of the average property management company’s revenue is profit. If you are earning a total fee income per property...