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Who can use my EFIN?
The IRS assigns an EFIN to identify firms that have completed the IRS e-file Application to become an Authorized IRS e-file Provider. Your application mus...
Category: General
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Can you depreciate a car wash?
Car wash buildings can be depreciated over 15 years (not 31.5 as some accountants seem to believe). The 15-year depreciation is covered in a document call...
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Do dividends count as realized gains?
Realized gain is capital gain received as cash on an investment. They appear under such headings as Dividends, Taxable Interest, Capital Gains, Miscellane...
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What are the legal requirements of a class action suit?
To proceed as a class action Rule 23 requires that the district court make the following findings: (1) the number of class members renders it impracticabl...
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Is interest on a 529 plan taxable?
The earnings generated in a 529 plan are not subject to federal income taxes, allowing the investments to grow without being depleted annually by taxes. A...
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What is the statue of limitation on business transactions in Texas?
Lawsuits with a four-year statute of limitation Texas also has a four-year statute of limitation for lawsuits involving contractual obligations. Contractu...
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Is it mandatory to convert NRO to savings account?
You must convert all your savings (money earned abroad) to a Non-Resident External Account (NRE) or Non-Resident Ordinary (NRO) account. Therefore, contin...
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Where do most older adults in Canada live?
The counts and percentages are as follows: Population aged 65 and over: 4,945,000 (100%) Living in private dwellings: 4,551,905 (92.1%) Living in collecti...
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What are the liability issues of corporations?
What Is Corporate Liability? Corporate legal liability covers the following: Fraud claims where an employee of the company has been accused of wrongdoing,...
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What are 5 characteristics of a good friend?
The 13 Essential Friendship Traits I am trustworthy. I am honest with others. I am generally very dependable. I am loyal to the people I care about. I am ...
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Do FSA contributions expire?
FSAs do expire; any money deferred into an FSA during the calendar year is forfeited if it is not claimed by the expiration deadline. For 2020 and 2021, t...
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Can you get a money order at a grocery store?
If you’re wondering how to get a money order, you can pick one up at a US Post Office, a bank, a grocery store, or large stores like Walmart. Be sure to b...
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How much does 150000 get taxed?
If you make $150,000 a year living in the region of California, USA, you will be taxed $51,293. That means that your net pay will be $98,707 per year, or ...
