education and learning
What age should you start tutoring?
For the first option, we recommend starting one on one tutoring at 6 years old. This is the average age most personal tutors recommend. Trying to teach st...
Category: Education And Learning
education and learning
Can an S corp own an interest in another S corp?
According to U.S. law, an S corp is limited to 100 shareholders or less. The only exception that allows an S corp to own another S corp is when one is a q...
education and learning
Can you keep money from a non profit?
Because nonprofits don’t have to pay income taxes (with the exception of unrelated business income, or UBI), nonprofits get to keep more of their income t...
education and learning
How much do you have to take out of an IRA each year?
The IRS has very specific rules about how much you must take out each year. This is called the required minimum distribution (RMD). If you fail to take ou...
education and learning
When do you pay tax on a sale of a property?
At the time of a property sale, you are expected to pay tax for the profit gained from the sale of the property. It is important to know if the type of ga...
education and learning
How long after filing does stimulus check take?
The IRS says nine out of 10 taxpayers will receive their refund within 21 days of filing — if they do so electronically using direct deposit and there are...
education and learning
Do I need a sellers permit to sell on Instagram?
Yes. If you are a California resident who regularly sells tangible items over the internet, then you need a seller’s permit for your online business. Do ...
education and learning
Why is my tax transcript not available 2019?
If you don’t see a return transcript available for download, it likely means that you didn’t file a return for that year, or that the IRS hasn’t processed...
education and learning
How do I file for a stimulus check for my son in prison?
Call Root & Rebound at (510) 279-4662 to request a Root & Rebound’s Stimulus Payments Recovery Rebate Credit FAQ Packet with a sample and blank Fo...
education and learning
How long has it been since my husband died?
Seven and a half months ago you lost your sweetheart, who had been such a rich part of your life for over 31 years. I’m so sorry. And I’m glad you reached...
education and learning
What happens if there is no written contract?
Starting work without a signed contract means that your position isn’t clear, or even worse –it’s weak. Along with aiding to minimise disputes and resolve...
education and learning
What to do if you make a mistake on your tax return?
Anyone who makes a mistake on their tax returns that can’t automatically be solved through the electronic filing process can file an amended tax return us...
education and learning
Do you have to pay tax on capital gains earned by your wife?
Amit Maheshwari, Partner, Ashok Maheshwary and Associates replies, “Yes, you will have to pay tax on the capital gains earned by your wife from the sale o...