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...
Category: Updates
updates
Do we have a tax treaty with Brazil?
Since there is no Tax Treaty between United States and Brazil, the default position is that a taxpayer who is a US person such as a US Citizen, Legal Perm...
updates
Who receives income from a trust?
After money is placed into the trust, the interest it accumulates is taxable as income—either to the beneficiary or the trust. The trust is required to pa...
updates
What is the basis for stock value?
The cost basis of any investment is the original value of an asset adjusted for stock splits, dividends, and capital distributions. It is used to calculat...
updates
Is Moody AFB still active?
Moody Air Force Base (AFB) (IATA: VAD, ICAO: KVAD, FAA LID: VAD) is a United States Air Force installation near Valdosta, Georgia…. Moody Air Force Base B...
updates
Can a US national work in the US?
Rights and Restrictions. U.S. nationals cannot vote in any election or hold an elected office. Allowed to work and reside anywhere in the U.S. without res...
updates
At what age should a child begin seeing a pediatric dentist?
The American Academy of Pediatric Dentistry (AAPD) recommends that a child go to the dentist by age 1 or within six months after the first tooth erupts. P...
updates
Can you refinance with only one person on the loan?
It is not possible to refinance with only one borrower on the application and still keep both your names on the mortgage. Other times, a couple or divorce...
updates
What does granted a discharge mean?
Order for discharge When an absolute discharge is granted, you will be released from the obligation to repay the debts you had as of the date of your bank...
updates
Can I file taxes for my deceased sister?
All income up to the date of death must be reported and all credits and deductions to which the decedent is entitled may be claimed. If the decedent is du...
updates
What is contract work pay?
What is a Contract Job? On a contract job, an employee works for a staffing firm on a W-2 basis under the direction of the client company for a predetermi...
updates
What constitutes a gift for gift tax purposes?
The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. You make a gif...
updates
Does form 5471 have to be filed every year?
When a U.S. person must file an IRS Form 5471 (an information return) under IRC 6046(a), it is filed by attaching it to an individual income tax return, a...
