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What happens after you get married on a K-1 visa?
A K-1 visa — also called a fiancé visa — allows the engaged partner of a U.S. citizen to enter the United States, as long as the couple gets married no mo...
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Is surrendering life insurance taxable?
When you surrender (i.e., cancel) a policy for cash, any gains you have accrued are taxed as income. In addition, a loan balance may be taxable. If you ch...
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What is a non-resident alien for tax purposes in the Philippines?
An non-resident alien/expatriate in the Philippines is one who is not a citizen of the Philippines and who is not a resident of the Philippines but derivi...
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Can a 17 year old work after school?
Young workers aged 16 to 17 may not ordinarily work: more than eight hours a day or 40 hours a week. There is no opt out of this as there is for adults. H...
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What happens when a mutual fund makes a distribution?
When a mutual fund declares a distribution, the fund price drops by a similar amount, but you aren’t losing money as a result. You’ll receive the distribu...
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Does an LLC S Corp need a 1099?
You are not required to send a 1099-MISC form to a corporation. This rule includes both C corporations and S corporations. You should still send a 1099-MI...
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How does business brokerage differ from real estate brokerage?
What’s the Difference between a Business Broker and Real Estate Broker? Answer: Residential and commercial real estate brokers sell the physical space, wh...
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Do you get a corporation tax refund if you make a loss?
If your company or organisation is liable for Corporation Tax and makes a loss from trading, the sale or disposal of a capital asset, or on property incom...
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How do I pull a gross receipts report from QuickBooks?
How do I find my gross receipts for a specific year? Go to the Reports menu and enter “Profit and Loss Report” in the search box. Select the correct Date ...
general
How do you value farm land?
The capitalization of rent valuation model simply reflects the current farmland cash rent divided by the current capitalization rate. For example, if a fa...
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Can you do a partial IRA transfer?
You may do a partial rollover of funds from one traditional IRA to another without tax or penalty, but there is a one-year waiting period before the IRS w...
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How do I find a mixing engineer?
How To Choose a Mix Engineer Know your budget. Choose someone who will do the job right… Listen to examples of their previous work. Don’t get hung up on g...
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What does behind the wheel teach you?
As the name implies, behind-the-wheel training consists of sessions where you practice your driving skills with a trained instructor next to you in the fr...
