Meal Expenses in Your “Tax Home” Self-employed filers can deduct an expense if it is necessary for business. An ordinary meal taken during your lunch brea...
According to the California Franchise Tax Board (FTB), the CA corporation number can only be 7 digits in length and the Secretary of State (SOS) file numb...
Matthew 19:9 – “And I say to you: whoever divorces his wife, except for sexual immorality, and marries another, commits adultery.” 1 Corinthians 7:15 – “B...
If you fail to file a state income tax return by the due date, it’s still better to file late than to not file at all. Generally, the penalties charged on...
U.S. resident aliens are generally taxed in the same way as U.S. citizens. This means that their worldwide income is subject to U.S. tax and must be repor...
My mother passed away on September 18 th, 2011. She had suffered with lung cancer for the year and a half prior to her death. Her suffering was long and d...
Usually, the sender simply wants to know that you have seen the email and expects a simple acknowledgement from you. This kind of emails may end with, “Pl...
The general rule is that all grantor trusts must file a Form 1041, which contains only the trust’s name, address, and tax identification number (TIN) (see...
Transferring your real estate holdings to an LLC may limit your personal liability for claims or lawsuits involving the property. For owners of rental or ...
Non-Deductible IRAs In a given tax year, as long as you or your spouse have enough earned or self-employment income, you can each contribute to an IRA. Fo...