What is a Nevis LLC?
A Nevis LLC is a limited liability offshore company established in Nevis, W.I. for asset protection purposes. The Island of Nevis, W.I. enacted a favorabl...
Category: Updates
Why do church members leave?
Sometimes faithful members leave the church rather suddenly without any signs. However, sometimes members take a long time before they leave because they ...
Can mortgage insurance premiums be deducted on Schedule A?
Yes, through tax year 2020, private mortgage insurance (PMI) premiums are deductible as part of the mortgage interest deduction. What is a qualified mortg...
Can someone claim me as a dependent if I receive SSI?
Social security income is support provided by the individual, and government assistance, like SSI, is support that comes from a third party. So, if most o...
Does an international student have to file taxes?
Yes! All international students are REQUIRED to file a return with the Internal Revenue Service (IRS) each year they are in the United States: the federal...
Can I claim my house as an office?
If your home is your place of work and you have an area set aside exclusively for work activities, you may be able to claim both occupancy and running exp...
How do I know how much Social Security I will get per month?
You can also get basic benefit estimates by calling the Social Security Administration at 800-772-1213. Where do I find my estimated Social Security benef...
How do I fill out an updated w4?
How to fill out a W-4 form Step 1: Personal information. Enter your name, address, Social Security number and tax-filing status. Step 2: Account for multi...
Is there a penalty for not having Obamacare in 2019?
According to healthcare.gov, the penalty for 2018 (paid when you filed 2018’s taxes in 2019) was $695 per adult or 2.5% of your taxable income – whichever...
How do contractors take payments?
The 6 Best Ways to Pay Contractors Checks. Tried and true, checks are simple, relatively cheap, and there’s no need to sign up for an app or money transfe...
