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What happens if your house is destroyed by a tornado?
Standard homeowners policies cover wind damage. So, if hurricane winds or tornadoes wreck your home, you should be OK. However, if a storm surge or flood ...
Category: News
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Is state pension included in taxable income?
State Pension and Income Tax State Pension income is taxable but usually paid without any tax being deducted. You no longer have to pay National Insurance...
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How was your last night answer?
The most common answer to what’s up is “I am fine, thank you, what about you?” The person who is asking this is enquiring about your well being at that ve...
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Can a parent claim a 23 year old on taxes?
Can I claim him as a dependent? Answer: No, because your child would not meet the age test, which says your “qualifying child” must be under age 19 or 24 ...
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What is a traditional rollover?
A Traditional (or Rollover) IRA is typically used for pre-tax assets because savings will stay invested on a tax-deferred basis and you won’t owe any taxe...
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How long do you have to be together for common law marriage in Utah?
one year One important rule to note, which is specific to Utah, is that in a common-law marriage, a party must petition the court to recognize that a marr...
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How long does a business EIN last?
Fortunately, an Employer Identification Number (EIN) issued by the IRS never expires. In some cases, however, you will need to apply for a new EIN. Does m...
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Does everyone get a 1099 s?
Keep in mind: A 1099-S is NOT required if the transaction is for less than $600 (and it’s not uncommon to find acquisition opportunities in the price rang...
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How do I remember my dead father?
5 Ways to Keep Your Father’s Memory Alive Pass along favorite stories and songs. Many people find it difficult to talk about their father who has died. Cr...
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Are arbitration awards public record?
While international arbitration is not confidential by nature, arbitral proceedings and awards are still frequently considered confidential in practice. A...
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Can I claim Head of Household if my child is 25 years old?
Child Who Is Not a Qualifying Person: Your daughter is single and was 25 years old at the end of the year. She is too old to be your Qualifying Child, and...
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What happens if you contribute to Roth IRA with no income?
The internal Revenue Service (IRS) gets a little grumpy if you contribute to a Roth individual retirement account (IRA) without what it calls earned incom...
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Is k1 tax return?
Schedule K-1 for S corporations Similar to a partnership, S corporations must file an annual tax return on Form 1120S. The S corporation provides Schedule...
