environment and climate
Do you have to report gifted income?
Cash gifts up to $15,000 per year don’t have to be reported. Excess gifts require a tax form but not necessarily a tax payment. Noncash gifts that have ap...
Category: Environment And Climate
environment and climate
Can we pay salary to directors?
Maximum remuneration for a Director: If a company is having an adequate profit then it can pay to its managing director or whole time manager remuneration...
environment and climate
How long is the CARES Act supposed to last?
As detailed in a prior blog post, the original CARES Act provided PUA benefits for up to $600 a week for as many as 39 weeks, retroactive to January 27, 2...
environment and climate
Will dependent college students get a stimulus check?
College students can receive up to $1,400 Dependent students were denied previous stimulus checks, but with the new bill, students who are at least 17 yea...
environment and climate
Is it smart to move to Oregon?
A few final thoughts on moving to Oregon. Oregon is truly a great state with a very rich interesting history. It’s incredible weather and landscape offers...
environment and climate
Why did I receive a tax information and document request?
Why you received this notice This letter is a reminder to file your 2017 tax year information returns with us if you have a filing requirement. We receive...
environment and climate
Is Social Security calculated every year?
Social Security benefits are based on your lifetime earnings. Your actual earnings are adjusted or “indexed” to account for changes in average wages since...
environment and climate
Why did IRS sending me a check instead of direct deposit?
Why am I receiving a paper check? The IRS limits the number of direct deposit refunds to the same bank account or on the same pre-paid debit card. Because...
environment and climate
What happens if you marry a Danish citizen?
There is no guarantee that you can even get temporary work and residence permit if you marry a Danish citizen. There are a lot of hurdles to get residence...
environment and climate
Can a young adult get a stimulus check?
Young adults who didn’t file on their own in 2019 and weren’t claimed as a dependent, but will file in 2020, will still be able to receive their first sti...
environment and climate
Where do I file my 3911 form?
If you reside in any other state, please send an email to the Department of Treasury, tax services Center, Fresno, California, 93888-0002….IRS 3911 Form. ...
environment and climate
Does homestead exemption carry over?
Property owners with Homestead Exemption also receive a benefit known as the “Save Our Homes” cap. Homeowners can transfer (or PORT) the difference betwee...
environment and climate
Why did I not file my taxes for 2018?
I didn’t file my 2018 taxes because I had to collect all my tax documents (which were misplaced when we moved). I did file my 2019 taxes in March, but my ...