When was the first home owner Grant introduced?
General Information. The First Home Owner Grant (FHOG) scheme was introduced on 1 July 2000 to offset the effect of the GST on home ownership. How much do...
Category: Updates
Are there still tax credits for solar systems?
The federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar photovolta...
Is there an extension on Maryland state taxes?
If you live in Maryland, you have until July 15 to file state taxes. The deadline to file and pay Maryland state taxes is July 15, 2021. Has Maryland exte...
Are employers required to send 1095-C?
Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, is a mandatory form that applicable large employers (ALEs) must file. Applicable large...
Can A S corporation receive a 1099 form?
An easy way to remember the IRS rule is that corporations do not receive 1099 forms regardless of whether they are S or C corporations. Sole proprietors, ...
Do corporations pay taxes on qualified dividends?
Form 1099-DIV Dividends are the most common type of distribution from a corporation. They’re paid out of the earnings and profits of the corporation. Wher...
How much do corporate board members make?
Board members aren’t paid by the hour. Instead, they receive a base retainer that averages around $25,000. On top of this, they also may be paid a fee for...
What is a business partner relationship?
A business partner is a commercial entity with which another commercial entity has some form of alliance. This relationship may be a contractual, exclusiv...
Does a line of credit incur interest?
A line of credit is a flexible loan from a financial institution that consists of a defined amount of money that you can access as needed and repay either...
Can mental illness cause physical problems?
So if you’re experiencing unexplained aches and pains, it might be linked to your mental health. According to Carla Manley, PhD, a clinical psychologist a...
