updates
Do IRS settlements work?
In general, the IRS cannot accept a settlement offer if the taxpayer can afford to pay what they owe. When applying for a settlement offer, taxpayers may ...
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general
When did Social Security eligibility age change?
1983 The 1983 Amendments phased in a gradual increase in the age for collecting full Social Security retirement benefits. The retirement age will increase...
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How is interest on savings bonds reported?
The interest that the bond earns is reported on a 1099-INT after the bond is cashed or is reissued to reflect a taxable change in ownership. The 1099-INT ...
updates
Can low-e glass be replaced?
While it might be possible to replace the glass with a low-E/argon-filled glass, you should consider if the repair is worth the investment. A better optio...
updates
What does the IRS consider professional services?
An specified service trade or business (SSTB) is a trade or business involving the performance of services in the fields of health, law, accounting, actua...
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What is a 402b retirement plan?
A 403(b) plan, also known as a tax-sheltered annuity plan, is a retirement plan for certain employees of public schools, employees of certain Code Section...
news
What if my accountant filed my taxes wrong?
Accountants, lawyers, and enrolled agents are highly qualified for the job of tax preparation. If you find an error in your taxes, file an amended return ...
general
Can I roll savings bonds into 529 account?
Benefits of a Savings Bond Rollover Instead of spending the proceeds of a savings bond redemption on qualified higher education expenses, the taxpayer can...
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Do I need to file taxes for selling art?
Although artists, dealers and investors can deduct business expenses related to producing and selling art works, they do pay taxes on the sales of their a...
news
Cosa fa il consulente business?
Chi svolge questa professione controlla la gestione dell’impresa, interpretando i dati e fornendo una valutazione dell’attività aziendale. Si occupa in pa...
news
What is a Honda Civic Natural Gas?
The Honda Civic Natural Gas is the only car commercially available today powered by the clean petroleum substitute. It’s a version of the standard Civic s...
updates
Do land contracts have interest?
Interest rates on land contracts can vary dramatically, and buyers and sellers ultimately call the shots on the loan’s rate. That said, interest rates typ...
updates
How much should it cost to install outdoor lighting?
The national average cost of installing outdoor lighting is between $2,000 and $4,500. At the low end, a project that only includes incandescent path and ...
