education and learning
When do I get my tax stimulus check?
The IRS plans to disburse funds in the coming weeks and will calculate your stimulus check accordingly. After receiving your stimulus check, then let loos...
Latest Headlines
media and communication
Can direct deposits hit in the afternoon?
Although direct deposit can be near-instantaneous, the actual time frame for the money to hit your account can depend somewhat on where the money is comin...
health and wellbeing
How do you politely ask a friend for money?
With that in mind, here are some thoughtful ways to approach friends for a loan. Ask for Advice First, Services Second, Money Third. Money is not the only...
global affairs
Can F1 students buy and sell stocks?
Can they buy, sell stocks ? Yes, international students on F1 visa can invest in stock market…they can buy and sell stocks… There is no specific law that ...
culture and society
Can I pay my child from my business?
If your child genuinely works in your business, then you can legitimately pay them a wage and they can access the tax free threshold, which on low income ...
science and technology
Can I fill out the recovery rebate credit online?
Eligible non-filers who did not get a first or second Economic Impact Payment or got less than the full amounts, must file a 2020 tax return and claim the...
civics and society
What is a 1 immigration status?
The A-1 visa is the only non-immigrant U.S visa which allows high government officials to enter the U.S for purposes which relate to the development of di...
global affairs
How do I request S corp status for LLC?
To elect Corporation status, the LLC must file IRS Form 8832 – Entity Classification Election. To elect S Corporation status, the LLC must file IRS Form 2...
environment and climate
Are music producers independent contractors?
A statement that even though the producer is an independent contractor, for purposes of copyright law, the producer is deemed an “employee-for-hire.” That...
science and technology
How much money does Robyn Dixon have?
Besides Robyn Dixon’s untraditional relationship with ex-husband-turned-fiance Juan Dixon, Robyn has struggled with her finances while on “RHOP.” Accordin...
environment and climate
When is the deadline to file a tax return?
Deadline to file and pay your tax bill if you have one is May 17, 2021 Deadline to file an extended return is October 15, 2021 Click here for a more compl...
civics and society
What are some common questions asked by tax professionals?
For your convenience, here are five basic tax questions The Tax Institute and our tax professionals have been asked this year about tax preparation – with...
environment and climate
How to become a Certified tax advisor?
Tax professionals who work as CPAs or enrolled agents (EA) must earn specific credentials. CPAs need a license from their state boards of accountancy, whi...