general
When one owns a condo the type of ownership that exists is a?
A condominium is a form of property ownership involving multiple-unit dwellings where a person owns his or her individual unit, but the common areas are o...
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What are unreimbursed allowable medical care expenses?
The IRS allows you to deduct unreimbursed expenses for preventative care, treatment, surgeries, and dental and vision care as qualifying medical expenses....
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What are research and experimental expenditures?
The term research or experimental expenditures, as used in section 174, means expenditures incurred in connection with the taxpayer’s trade or business wh...
news
Can I add my son to my reverse mortgage?
Unfortunately, however, you can’t add a family member to an existing reverse mortgage. What happens to a reverse mortgage when one owner dies? When a pers...
news
Do New Zealand citizens need a visa for Dubai?
Simply disembark your flight at Dubai International Airport and proceed to Immigration, where your passport will be stamped with a 30-days visit visa free...
general
Do I need to send a 1096 to the state of PA?
If you want to file paper copies of 1099, you must attach a copy of Form 1096 and REV-1667, the Annual Withholding Reconciliation Statement, while sending...
updates
How much does a racehorse cost per year?
Championship quality thoroughbreds cost between $100,000 and $300,000 to purchase and about $45,000 a year in expenses. Of course, buying a thoroughbred i...
news
Is a roofing company an LLC?
If you own a roofing company, you’ve probably at least considered forming a limited liability company (LLC) for your business. The LLC is a popular option...
updates
What is the 2 AGI limitation?
For deductions that are subject to the 2% rule, you may only deduct the part of the expenses that exceeds 2% of your Adjusted Gross Income (AGI). To figur...
general
Is Miami a good place to buy investment property?
Because Miami is on the list of best American cities for real estate investment. It’s boasting an 18.6 percent return year by year. Because local real est...
news
What is divorce order and decree?
A court decree that terminates a marriage; also known as marital dissolution. When a marriage breaks up, divorce law provides legal solutions for issues t...
general
What happens if you own a stock and the company gets bought?
There are benefits to shareholders when a company is bought out. When the company is bought, it usually has an increase in its share price. An investor ca...
updates
How much does the VA pay for a dependent spouse?
If you’re a Veteran with a 30% disability rating, and you have a dependent spouse (no dependent parents or children), your monthly basic rate would be $49...
