education and learning
Can you find a tax return you filed seven years ago?
So, if you need a tax return that you filed more than seven years ago, the IRS will try to locate it, but there are no guarantees. In addition, the IRS ch...
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culture and society
Can you file jointly with a deceased spouse?
However, you can use married filing jointly with your new spouse. You and your new spouse can also each use married filing separately. If a return is then...
education and learning
Can you carry forward child care expenses?
As I mentioned any changes other then medical receipts or unused rrsps can be claimed carried forward, however for childcare it must be entered in the yea...
data and analysis
How do you calculate depreciation on assets during the year?
Straight-Line Method Subtract the asset’s salvage value from its cost to determine the amount that can be depreciated. Divide this amount by the number of...
news
Can I cancel solar contract before installation?
If you have regrets and wish to back out of a solar lease, you might be able to cancel it before the installation of the solar system. The time frame to c...
education and learning
Can the state take away your pension?
A state that treats pension benefits as contractual in nature is generally prohibited under the Contracts Clause of the U.S. Constitution from passing leg...
global affairs
Can a creditor send a 1099c 3 years after the debt is cancelled?
Based on the information below, the creditor may not have cancelled the debt at that time . If the Form 1099C is dated 2017, this would indicate the debt ...
media and communication
What happens if IRA beneficiary is deceased?
If a primary beneficiary dies before the IRA owner, she generally ceases to be a beneficiary and the assets would be divided among the remaining surviving...
global affairs
Do I need to file 1099 K?
The IRS requires each payment settlement entity to send you a Form 1099-K by January 31 if it has processed at least $20,000 worth of payments and at leas...
culture and society
Is forwarding mail legal?
It is the illegal and unauthorized request to change someone’s mailing address, without their consent. They will simply fill out the 1583 form and have al...
culture and society
Is it illegal to use Venmo for small business?
Venmo Prohibits It Venmo may NOT otherwise be used to receive business, commercial or merchant transactions, meaning you CANNOT use Venmo to accept paymen...
science and technology
Can international students in the US work part time?
When it comes to international students working in the US, there are some restrictions. Students with F1 visas are generally allowed to work on the campus...
health and wellbeing
What is a foreign owned single member LLC?
1. What Is a Foreign-Owned Disregarded Entity? A “ disregarded entity ” is a business or organization that exists legally but doesn’t have to file for inc...