How do I stop being a personal service corporation?
The obvious way to avoid being deemed a Personal Services Corporation is also not really an option for many small corporations: ensure that your corporati...
What is the purpose of form 1310?
IRS Form 1310 is used to claim a federal tax refund due to a recently deceased taxpayer. In general, Form 1310 is filed by a surviving spouse or the execu...
When is the last day to file your 2017 tax return?
May 17, 2021 is the last day to file your original 2017 tax return to claim a refund. If you received an extension for the 2017 return then your deadline...
What happens when you sell your home for less than 2 years?
You’ll be taxed on all the capital gain. While there are some exceptions, if the home was your primary residence for less than two years from the date of ...
Can both spouses file for Social Security?
Each spouse can claim their own retirement benefit based solely on their individual earnings history. You can both collect your full amounts at the same t...
How do you ask about income in a questionnaire?
A single question, giving an overview of the person’s income should be more than enough. Wording the question appropriately – Be careful while asking the ...
Can exes get back together after 5 years?
It is possible to get back together with an ex if you both make sure that you have moved on from the problems that caused you to break up in the first pla...
When can you start receiving payments from an annuity?
When You Start Receiving Payments Annuities by Payment Types Payments begin Immediate Annuity (Income Annuity) Within a year of purchase Deferred Annuity ...
Can a nonresident alien file a Form 1040?
Were a nonresident alien engaged in a trade or business in the United States. Represented a deceased person who would have had to file Form 1040-NR. Repre...
How do you resolve complex issues?
Here are seven-steps for an effective problem-solving process. Identify the issues. Be clear about what the problem is. Understand everyone’s interests. L...
