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...
Category: Education And Learning
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...
education and learning
Can a married couple file as a LLC?
It certainly does! The IRS has taken the position that an LLC owned by a married couple who do not live in a community property state must file as a partn...
education and learning
How many weeks do you have to pay PPP loans?
Your PPP loan is meant to cover eight or 24 weeks’ worth of expenses. So, your loan forgiveness depends on your costs during the covered period. The clock...
education and learning
Does each Series LLC need its own EIN?
When applying for an employer identification number (“EIN“) on IRS.gov you must provide the legal name of the LLC that is applying for the EIN. After all,...
education and learning
Can spouses have different primary residences?
You can classify one property as your primary residence. If you’re married, you and your spouse must claim the same property as your primary home. Can a m...
education and learning
What is foreign TIN in W-8BEN E?
But you are required to provide a foreign tax identification number (TIN) in the field 9b instead. For Canadian companies, the foreign tax identification ...
education and learning
How do I find the EIN for a sole proprietorship?
Contact your bank. If you cannot use your Social Security number, you can try to obtain your EIN from the bank at which you opened your business checking ...
education and learning
Should I resubmit my tax return?
You don’t have to redo your entire return, either. Just show the necessary changes and adjust your tax liability accordingly. You generally must file an a...
education and learning
Why is my payment not going?
The most common reasons for your payment to fail are either filters your bank applies to certain transactions made online, or amount limitations applied t...
education and learning
What happens on closing day for seller?
The closing is an important day for you as a home seller. You will transfer the property to the buyer, fully pay off any mortgages, and receive your sales...
education and learning
Are pharmacists required to counsel?
By law, pharmacists are required to offer to counsel patients on all prescriptions, including those you’ve been taking for a long time. Do pharmacies char...
education and learning
Where can I ask immigration questions for free?
Call 800-528-4044 now for a FREE consultation to discuss your options to get legal immigration status. How much does immigration consultation cost? Averag...