media and communication
What does Refund mean in taxes?
A tax refund is a reimbursement to a taxpayer of any excess amount paid to the federal government or a state government. Taxpayers tend to look at a refun...
Category: Media And Communication
media and communication
Can I be held responsible for my wife student loans?
If you cosigned on your spouse’s student loans at any time, whether they’re federal loans, private loans, or refinanced loans, that means you are legally ...
media and communication
How many times per year do most employees receive a W-2 from their employer?
Your employer is required to provide you with copies of your W-2 each year if you are eligible to receive one. The deadline for companies to provide this ...
media and communication
Can a lender cancel a refinance after closing?
The lender has no right of rescission. Once you have signed loan documents, you have entered into a binding contract, and the lender is legally bound to h...
media and communication
What is considered short term capital?
A short-term capital gain occurs when an investment is sold that’s been held for less than one year, such as a stock. These gains are taxed as ordinary in...
media and communication
Do independent consultants get paid?
A consultant working as a freelancer or independent contractor typically offers several payment options, including payment by the hour, by project or on r...
media and communication
How does form 8821 work?
Form 8821 authorizes the IRS to disclose your confidential tax information to the person you appoint. This form is provided for your convenience and its u...
media and communication
How do I correct a FBAR?
Those who need to correct a filed FBAR must file a new FBAR with the corrected information and mark the new FBAR as “Amended.” Fill it out completely, eve...
media and communication
How do I file a grantor trust on my taxes?
The general rule is that all grantor trusts must file a Form 1041, which contains only the trust’s name, address, and tax identification number (TIN) (see...
media and communication
What happens when you change your name on your Social Security card?
If you legally change your name because of marriage, divorce, court order or any other reason, you must tell Social Security so you can get a corrected ca...
media and communication
Where can I get my 2019 w2?
To order official IRS information returns such as Forms W-2 and W-3, which include a scannable Copy A for filing, go to IRS’ Online Ordering for Informati...
media and communication
Can someone steal my bitcoin wallet?
It is not possible to steal digital currency with a public address alone. The only way someone could access your funds would be if they had access to your...
media and communication
Do renters qualify for a tax deduction in California?
The Renter’s Tax Credit can be claimed by individuals through the California Franchise Tax Board. The FTB is the state agency that handles the state incom...